Energy plays critical role in any economy. Given the significance of energy across all sectors of the economy, the cost and availability of energy are of major concern across developed, emerging and under-developed economies alike.

Unfortunately, the world continues to consume more energy than it is able to produce; to extract energy resources faster than it is able to replace them; and to exploit energy in ways that negatively impact on environmental sustainability.

This combination of energy-related human activity not only drives up the cost of energy, but also casts the grim picture of a destroyed planet not very long from now.