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The World Needs To Generate More Energy, Not Less

Some people who live in developed countries work to shrink their energy footprint and use less energy in their daily lives. They’re also the ones calling for the world to use less energy, not realizing that two-third’s of the world’s population lives in developing countries.

Using more energy is the goal for the world

There are 6.74 billion people living in 152 developing countries. And those countries are in varying stages of transitioning from developing to developed. These 6.74 billion people need MORE energy, not less, to make the lives better. More energy for:

  • Washing machines
  • Air conditioning
  • Refrigerators
  • Microwaves
  • Dishwashers
  • Vacuum cleaners
  • Electric fans
  • Water heaters
  • Computers
  • Phones

The world has always produced and used more energy, not less.

World energy usage:

  • 1900: ~21 exajoules (EJ) per year; mainly from coal
  • 1969: ~184 exajoules (EJ) per year; mainly from oil
  • 2024: ~600 exajoules (EJ) per year; mainly from fossil fuels

That’s a 2,757% increase in 124 years. And over the next 124 years, energy usage will increase by a much higher percentage, making 2,757% look like baby steps.

Sources: ourworldindata.org/energy, www.iea.org, www.eia.gov

Generating more power

Rolls-Royce is focused on creating mechanical, electrical and nuclear power solutions to meet the ever-growing global demand for safe, reliable and sustainable power. The Novel Nuclear programme, including the Micro-Reactor, is developing commercially viable solutions that provide long-term clean and safe power, bringing new energy and power dense technology to industry.

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Bitcoin Resources

The Bitcoin Standard

by Saifedean Ammous

Bitcoin Whitepaper

by Satoshi Nakamoto

Not Your Keys, Not Your Coins

by Andreas M. Antonopoulos

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