SET Proceedings 2978-4387 Caravel Press 10.65582/set.2008.005 2008.005 Energy Resources and Use: the Present Situation and Possible Sustainable Paths to the Future LiorNoam lior@seas.upenn.edu University of Pennsylvania Department of Mechanical Engineering and Applied Mechanics Philadelphia, PA 19104-6315, USA 24082008 7 1 978-1-995850-08-5 55 67 24 August 2008 © 2008 Copyright WSSET 2008

Recent estimates and forecasts of the oil, gas, coal resources and their reserve/production ratio, nuclear and renewable energy potential, and energy uses are surveyed. A brief discussion of the status and prospects of fossil, nuclear and renewable energy use, and of power generation (including hydrogen, fuel cells, micro power systems, and the futuristic concept of generating power in space for terrestrial use, is given. A brief summary of the energy research effort and budgets in the US, and EU are presented, and ways to resolve the problem of the availability, cost, and sustainability of energy resources alongside the rapidly rising demand are discussed. The author's view of the promising energy R&D areas, their potential, foreseen improvements and their time scale, and last year's trends in government funding are presented.

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