Energy Efficient Cities
Business Today Malaysia|June 2018

Siemens new HL class gas turbine breaks record in power efficiency.

Energy Efficient Cities

The list of megacities is growing globally. As of 2017, there are 47 cities with more than 10 million inhabitants. It is also estimated that 70% of the world’s population will live in cities by 2050.

This would mean that we would need more power to sustain these cities. Worldwide power consumption is predicted to grow at about 2.3% per year, from 25.1 thousand TWh (terawatt hours) in 2017 to 42.5 thousand TWh in 2040, with Asia Pacific being the hotbed.

As these cities continue to expand, the demand for power to sustain the growth seemingly becomes more complex, while managing the grid becomes more tedious. To solve this, stakeholders are building power plants using fossil fuel, nuclear or renewal energy, depending on the countries policy. However, to build one of these plants require years of study and proper planning together with the municipals and regulators.

So, what goes into these plans? Among the considerations, the consortium of planners need to forecast energy consumption for the next five to 10 years, based on population increase, industrial needs and technological advancement - a calculation methodology that has little to no room for error. After all, investment into a power plant goes into the billions, and should last for 25 years or so.

There are currently 62,500 power plants operational in the world today - from coal and gas to nuclear, hydro and wind - with the demand growing exponentially every year.

This story is from the June 2018 edition of Business Today Malaysia.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the June 2018 edition of Business Today Malaysia.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY MALAYSIAView All
Time Aortic Abdominal Aneurysm
Business Today Malaysia

Time Aortic Abdominal Aneurysm

The Aortic Abdominal Aneurysm happens when the wall of the blood vessels starts to weaken which forms an Aneurysm that is commonly known as balloon-like dilation.

time-read
2 mins  |
December 2021
The Lexus ES 250 Features A New F Sport Variant
Business Today Malaysia

The Lexus ES 250 Features A New F Sport Variant

The 2022 Lexus ES facelift has arrived in Malaysia- First unveiled at Auto Shanghai 2021 in April this year.

time-read
3 mins  |
December 2021
Heading: Try -180°C Therapeutic Treatment Called  Cryotherapy To Improve Overall Health
Business Today Malaysia

Heading: Try -180°C Therapeutic Treatment Called Cryotherapy To Improve Overall Health

Health has gained a significant attention in this pandemic and being at your best form is a good way to fight the current problems in every aspect of health from fitness, depression, pain management, sports injury, antiageing, weight loss and beauty.

time-read
2 mins  |
December 2021
Is It Too Late To Start Investing In Bitcoin?
Business Today Malaysia

Is It Too Late To Start Investing In Bitcoin?

The noise around Bitcoin has risen sharply in the last month after the world’s most popular cryptocurrency reached its all-time high on 9 November 2021. With all the talk of its price continuing to grow, it is easy to think that it might be too late to start investing in Bitcoin. However, it is not too late and, in fact, Bitcoin adopters are actually early. Bitcoin, and cryptocurrency in general, has received mainstream adoption and looks to be around for years to come.

time-read
4 mins  |
December 2021
Smart SBB To Boost Farmers Income
Business Today Malaysia

Smart SBB To Boost Farmers Income

Director-General for the Ministry of Agriculture and Food Industry (MAFI), Azman Mahmood, in a special meet the media session, led the pre-launch briefing of Project Smart Sawah Berskala Besar (Smart SBB) a day before the official launch by his Minister.

time-read
3 mins  |
December 2021
Budget 2022 – Seizing The Right Moment
Business Today Malaysia

Budget 2022 – Seizing The Right Moment

The recent data point suggests Malaysia will stand to benefit from the global recovery.

time-read
3 mins  |
December 2021
Power Of Role Model – How The Habits Of Parents And Kids Are Interrelated?
Business Today Malaysia

Power Of Role Model – How The Habits Of Parents And Kids Are Interrelated?

A new global survey, commissioned by Kaspersky, explores the role of healthy digital habits in the family, as well as the effect of parents’ behavior on children and vice versa

time-read
3 mins  |
December 2021
Better Late Than Never, But Act Now
Business Today Malaysia

Better Late Than Never, But Act Now

The world should now be more aware of likely COVID-19 devastation unless urgently checked. Last week, the World Health Organization (WHO) announced an US$8 billion plan to quickly vaccinate many more people to expedite ending the pandemic.

time-read
4 mins  |
December 2021
Accelerates MSMEs Digitalisation Journey
Business Today Malaysia

Accelerates MSMEs Digitalisation Journey

97.2% of businesses in Malaysia are made up of Micro, Small and Medium Enterprises (MSMEs). This important business sector plays a significant role in the Malaysian economy by contributing 38.2% of Malaysia’s Gross Domestic Product (GDP). MSMEs also contributes significantly in providing job opportunities.

time-read
6 mins  |
December 2021
Business Today Malaysia

Leadership That Can Prevent Toxic Workplaces And High Turnover

“It is our organisation’s mission to create the largest and most productive coworking community in Malaysia & moving forward, South East Asia,”

time-read
2 mins  |
November 2021