Friday, September 17, 2010

NEWS RELEASE: Water Shortages Put Asian Power Sector at Risk

http://www.wri.org/press/2010/04/news-release-water-shortages-put-asian-power-sector-risk


Summary

Many places in South and Southeast Asia use thermal and hydroelectric power plants that require large amounts of water, for cooling and generation. Unfortunately, more than half of the existing and planned power plants are located in areas that are currently considered water scarce. Due to the water shortage, places such as India, Malaysia, the Philippines, Thailand and Vietnam are at great risk. Water plays a big role in these countries and the fact that there is a limited resource of it greatly impacts the food and beverage sector. Majority of the water shortage put India's power generation companies in the highest risk. More than 60 percent of planned power plants of the three largest power generation companies in India are located in water scarce areas. A senior associate from World's Resource Institute says that power sector investors and analysts' long term bets on future water supply might no longer be reliable. Also mentioning that they need to start considering long-term investment strategies. Many companies are managing these risks and at the same time are trying to cooperate with investors, suggesting that they understand the specific steps to optimize water use at the plant level.


Connection

Chapter one has a whole page covered on the topic of how water is important and is a scarce resource. Water is an important resource in a variety of ways, especially when it comes to food and beverages, modern conveniences, as well as power supply. Which leads to the main topic of the article I've chosen; the affects of water shortage on Asian power sectors. Countries in South and Southeast Asia are currently facing water shortage that is putting their usage of power plants for cooling and generation at risk. Water plays an important role in the countries of Asia, especially since it's affecting their power sector. However the textbook states that to Canadians, water is more important for everyday usages such as shower uses, toilet uses, dishwasher uses as well as garden hose uses. Another connection is scarcity, water is without a doubt scarce. Just as the textbook states, anything that has an insufficient amount or supply, in this case it's water.


Reflection

I never really took the time to consider how important water is to us and our everyday lives. Water is what functions everything in a washroom, keep us hydrated and is sometimes wasted. We need and demand more water then the available supply. After reading this article i've learned that water is not only important to our modern conveniences but also in other countries, it is used to function power plants for cooling and generation purposes. I find it interesting how water is used for so much more than to comfort thirst. It's a amazing that countries in Asia are using water in such a useful way other than watering a lawn.

3 comments:

  1. After reading your article, I am surprised that countries like Thailand have shortage of water even what's surround them are ocean. Many countries in Asia are developing in a really fast pace, and many of them neglect the problem of scarce resources like water. Water brings many money and power to companies in India, but it also put those companies in a risk now, because of their foolishly waste on water. In the future, as industry and technology increase, the demand of water will also increase. However, if we do not use the limited water we have right now wisely, and consider long-term investment strategies, the impact of water shortage on us will be unpredictable. Overall, this is great! <3

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  2. Your article was really well written, i never realized how many countries were scarced from water. Many countries are at risk of water because of their waste in water. People spend 30 minutes in the shower, leaving on tap water and many more useless things. They have to realize the importance of water, because once they run out of water, people would begin to starve out of starvation and they wont have enough water for power supplies. Anyways, good job on your article.

    - B.H

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  3. I found your article to be very interesting. I didn't know that most of the water shortage was in India's power generation companies. Nor did I realize they were at the highest risk. I agree that we should understand that not all countries are as lucky as we are with the water supply and should not waster it on a hot 15 minute shower every morning, evening and before going to sleep. Overall, very good job on your article.

    -Hundalllllll

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