6.4 energy security Flashcards
energy security
Uninterrupted availability of energy sources at an affordable price.
consumption
The way in which energy is used.
energy mix
The combination of different available energy sources used to meet a country’s energy demand.
primary energy
A source of energy that occurs naturally (e.g. fossil fuels).
secondary energy
A source of energy that is converted from primary energy (e.g. electricity).
energy intensity
A measure of how efficiently a country is using its energy (units of energy per nit of GDP). High energy intensity indicates a high cost of converting into GDP. It generally decreases with economic development (energy is used more efficiently, so cost per unit is lowered).
renewable energy
Sources of energy that are infinite - they will never run out (e.g. wind, solar, geothermal, tidal).
recyclable energy
A source of energy that can be re-used, but may require some processing to be able to do so. (e.g. processing nuclear waste or heat recovery systems.)
non renewable energy
Finite sources of energy - these reserves will eventually run out. (e.g. fossil fuels.)
physical availablity
The reserves available within the country/area. If sufficient reserves do not exist, the country will need to import energy/fuels to meet demand.
public perception
Some sources of energy are perceived as unsafe (e.g. nuclear), or may be opposed by residents (NIMBYism) - e.g. wind turbines.
cost of energy
The amount of capital required to fund the extraction/exploitation of the source of energy, to process the fuel (e.g. primary to secondary energy) or to deliver it to the consumer (infrastructure).
level of economic development
This may influence perception of cost - the higher the standard of living, the less sensitive communities are to the cost of energy.
environmental priorities
A government’s manifesto/policies may result in them taking a more expensive route to meeting energy demands in order to fulfil sustainability targets.
energy TNCs
Companies that operate on a global scale (across national borders) that are involved with the extraction/processing/distribution of energy (e.g. Gazprom, BP and Shell).