Energy provision in a changing world

Abstract

PurposeThis paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsThe paper finds that increasing concerns about the effects of climate change have accelerated the search for less harmful energy sources. One of the outcomes has been renewed consideration of nuclear power as a serious alternative to fossil fuels. Shortage in the supplies of gas and oil has increased the appeal in some quarters. In every decade since the 1970s, nuclear energy has been the fastest growing major source of electricity. It produces 30 percent of the power used by the European Union (EU), with France taking over three‐fourths of its electricity supply from nuclear reactors. Nuclear also generates 20 percent of US energy, despite the country's recognized partiality to oil. Not surprisingly, however, this form of energy still struggles to gain universal approval and the mere mention of the “N” word still sends shivers down many spines.Practical implicationsThe paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.Originality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.