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WORLD ENERGY RESOURCES - LIMITS FROM TODAY'S GEOLOGICAL STANDPOINT
Authors:PETER KEHRER
Abstract:World fossil energy resources are estimated at about 12,500 times 109 tons of coal equivalent (t.c.e.) of which 900 times 109 t.c.e. are classed as presently recoverable reserves. Future exploration will transform a substantial part of the resources into reserves. Coal is by far the dominant fossil energy. Oilshales and tarsands represent a large energy potential, whose utilization depends on a high energy price level and progress in production technologies. Limits in the availability of oil and gas are visible now for the first time. Low-cost, high-grade uranium reserves are also limited. However, there are large amounts of low-grade uranium resources, which might become recoverable in the future. The use of geothermal energy is currently troubled by problems of technology, costs and environment.
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