Although the current global financial crisis has somewhat tempered growth in electricity demand in recent years, experts still predict that this region will experience the world’s largest growth in electric power consumption over the next decade. Residential/commercial demand is expected to be a critical driver in electricity demand in all focus countries through 2030. Of the focus countries, Malaysia exhibits the highest per capita electricity consumption rates, followed by Thailand.
This chart is based on WRI’s recent analysis of potential greenhouse gas emissions reductions under existing federal authorities and state actions through 2030.
The 2010 hurricane season began on June 1, amid widespread concern over the potential for a large storm to exacerbate the damage from the Deepwater Horizon oil spill. As the map above shows, catastrophic hurricanes (Category 3 or higher) regularly hit the southern coast of the United States. NOAA (the National Oceanic and Atmospheric Administration) predicts an 85 percent chance of an “above normal” hurricane season this year, due to conditions including exceptionally warm sea surface temperatures in the Atlantic Ocean tropical zone.
The analysis in WRI's report "Over Heating: Financial Risks from Water Constraints on Power Generation in Asia" found that new power generation capacity will be increasingly located in areas already considered to be water stressed or scarce (the power sector requires a steady supply of water for cooling and generation to maintain loads and avoid disruptions).
According to WRI's report "Over Heating: Financial Risks from Water Constrains on Power Generation in Asia," the majority of existing and new power generating capacity for publicly listed companies in South and Southeast Asia are located in areas classified as water scarce and stressed.
While many of the governments have goals to increase the development of renewable sources of energy; coal, natural gas, and hydroelectric plants are expected to provide the majority of electricity supply in 2013.
The dependency of thermal and hydroelectric power plants on water for cooling and generation creates water-related risks for the sector.
Offshore oil production in the U.S. portion of the Gulf of Mexico represents 30 percent of total U.S. oil production, with 35.6 million acres (an area the size of Maine) under active lease. As oil reserves in shallow water are declining, production is moving into ever-deeper water, incurring greater risk. The Deepwater Horizon disaster illustrates the safety, economic, and environmental risks inherent in this trend.
Grid-connected solar photovoltaic (PV) installations in the United States grew on average 71 percent annually from 2000-2008, totaling 1,102 megawatts (MW) by the end of 2008. However, the highly concentrated U.S. PV market is dominated by only a handful of states with strong incentives: the top six states in terms of installed MW host 90 percent of total capacity. Nonresidential PV installations (i.e. on commercial and public buildings) are even more concentrated, with over 90 percent in just five states.
Electricity generation in the Midwest accounts for approximately 37 percent of the region's total GHG emissions. To a large extent, the emissions from electricity generation are determined by the fuel mix. This figure compares Midwest state electricity fuel mixes to those of the region, the nation, and the world.
The figure shows that the Midwest as a whole generates approximately 20 percent more electricity from coal--the most carbon-intensive fossil fuel source--than the national average and 28 percent more than the world average.
Though the forest products industry as a whole may stand to gain, climate change will impact companies and investments differently based on the location of the forests, mills, and markets, the vertical integration of assets, and the sustainability of forest operations. This figure illustrates these risks and opportunities in a qualitative way with respect to their potential financial impact and the level of certainty.
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