It is without exaggeration and beyond the doubt that energy has become one of the most significant needs of the human being. The utility of energy has greatly evolved over the last century. The whole range of human activities including dwelling, trade and commerce, industry, transportation and agriculture has mostly become depended on energy. Globally, energy prosperity has become very crucial to overcome fundamental social problems such as poverty, hunger, disease and illiteracy. The growing human reliance on energy has been paralleled by a string of challenges that are both local and global in nature. It is increasingly understood that ensuring availability of sufficient, affordable, and environmentally friendly energy’ is one of the major challenges faced by the world in the twenty first century.
Energy is considered to be the backbone of human activities. The accomplishment of human civilization has been achieved through the increasingly efficient and extensive production of various forms of energy to extend human capabilities and ingenuity. Providing adequate and affordable energy is therefore, essential for the eradication of poverty, improvement of human welfare and raising of living standard of human being throughout the world, the per capita energy consumption is an index used to measure the socio-economic prosperity in any society. The human development index of a country has a strong relationship with its energy prosperity.
“The fundamental concept in social science is Power, in the same sense in which Energy is the fundamental concept in physics.”
With the evolution of civilizations, the human demand for energy has continuously increased. At present , the key factor which drives the growth in energy demand include increasing human population, modernization and urbanization . According to the united nations,...
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