Energize & Revolutionize: Software sparks changes in the Power sector
<p>If we wanted to point towards the single catalyst responsible for the civilisation we live within now, that would be energy.<strong> Progress in history can really be boiled down to step-changes in energy generation</strong>, <strong>due to shifts from less to more efficient energy sources, yielding exponentially more progress </strong>— in the form of quality of life, economic growth, population size, tech innovation … you name it. Humankind’s affair with energy sources started with nothing more than human muscle until we domesticated the first animals, whose kinetic energy peaked to make up about 90% of mechanical energy sources until the 1500s. <strong>However, nothing has been as crucial to explaining the advances of our modern civilisation as much as fossil fuels.</strong> Their use has increased 1500x over the past 220 years (3500x since 1800) and it’s been key to fulfilling our society’s addiction to economic growth. This is highlighted by the near-perfect correlation between GDP growth and primary energy consumption: between 1970 and 2010 the estimated total global extraction of natural resources grew 3.2x, whilst the world economy (inflation-adjusted) grew 3.4x.</p>
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