Dissertation Work about Energetic Industry: What You Should Know Before Starting Your Draft

A dissertation in the energetic industry is a qualifying work that examines the problems of optimizing production processes, conducts research and analysis of risks and reliability of energetic systems, develops innovative control systems and power quality control, etc.

A dissertation about the energy industry can be a rather difficult task. That's why many students require help. A professional dissertation writer provides assistance in writing a dissertation in an energetic industry on any topic. The specialist will help in developing a suitable research methodology and will format the work in accordance with the current requirements.

What should you know about the energetic industry before writing a dissertation?

Getting a degree in the energy industry and writing a dissertation can be a good option for you. But in order to write such work successfully, you need to know the current state of the energy industry. 

The energy industry is the collection of all industries associated with the energy production and sale, including fuel extraction, production, refining, and distribution. Today, society consumes large quantities of fuel, and energy is a critical part of the infrastructure and services of society in all countries.

The energy industry includes:

• fossil fuel industries. These are the petroleum industry (oil refineries, oil companies, fuel transportation, and sale to end users at gas stations), the natural gas industry (coal gas production and natural gas extraction, and distribution and sales) and the coal industry (mining and refining);
• electric power industry. This is electricity production, distribution, and sales of electricity;
• nuclear power;
• traditional energy;
• the renewable energy industry, which includes companies involved in alternative and sustainable energy, including those involved in hydropower, wind, and solar power, and the production, distribution, and sale of different alternative fuels.

High-quality information about energy systems is a critical contribution to energy systems research, modeling, and decision-making. Today, the global energy sector can only do with digital technologies.

Energy provides opportunities for investment, innovation, and the emergence of new industries that drive job creation and shared prosperity in all countries. However, nearly 733 million people worldwide live without electricity. If current rates of progress are maintained, by 2030, 670 million people will remain without electricity, i.e., 10 million more than predicted last year. 

Energy shocks affect the poor hardest.

The first half of 2022 saw the greatest disruption in global energy markets that the world has not seen in decades. As a result of the war in Ukraine, energy prices have skyrocketed, increasing energy shortages and exacerbating energy security concerns.

Energy price shocks affect most countries, but developing countries are hit the hardest. They have less ability to mitigate the consequences of rising prices for energy, which leads to energy consumption restrictions in a number of countries and increased poverty.  

Renewable energy sources are the key to clean, safe, and affordable energy.

By using renewable energy, countries can mitigate climate change, increase resilience to price volatility, and reduce energy costs. The latter is particularly important in the current situation, where soaring fossil fuel prices are sapping the capacity of poor countries that import energy.

Solar and wind energy could be a game-changer because solar and wind energy resources are huge, their prices are competitive, and when combined with batteries, they provide a reliable source of electricity supply. Also, hydropower provides renewable, clean energy and is one of the cheapest sources of electricity for consumers.

Solar mini-grid systems provide electricity to remote off-grid communities: they provide enough electricity to power vital electrical equipment like pumps that supply clean water to rural populations - and become the cheapest way to reliably supply remote areas clean electricity. 

Financing the energy transition.

Funding renewable energy development and energy efficiency efforts, along with phasing out the use of fossil fuels, are paramount to addressing climate change. In middle- and low-income countries, it is still at or even below 2015 levels. In order to achieve net-zero emissions, developing countries' energy investment must quadruple to $1 trillion. This should be done, including a dramatic increase in investment growth in solar, onshore, and offshore wind.

However, due to a lack of access to financial resources, developing countries are unable to make large upfront investments in energy development. In addition, the uncertainty of the macroeconomic and political situation serves as a disincentive for private investment in renewable energy. To create the most efficient facilities, it is necessary to compare countries in terms of energy systems, security of supply, and regulations.

As you can see, knowing the current situation in the energy industry and its problems, you can write a relevant dissertation.