9 - Energy Flashcards
State factors affecting oil prices
Supply, demand, diplomacy, social, technology, regulation
What are examples of events that affect supply and demand, and therefore oil prices?
Supply - new discoveries, oil spills, supply controlled by OPEC (regulates supply based on trend)
Demand - world economic growth, globalisation, recession (lower demand due to lower output), population growth
What are examples of events that affect diplomacy and social factors, and therefore oil prices?
Diplomacy - countries may prioritise energy security over exports leading to conflict
Social - security problems, changing attitudes
What are examples of events that affect technology and regulation, and therefore oil prices?
Technology - development of new technology (eg electric cars)
Regulations - renewable energy agreements
How does development affect energy usage?
Lower in developing countries, limited energy access due to lack of energy infrastructure
Also lower incomes means less people having energy consuming products
How does economic activity affect energy usage?
Primary industry - mostly agriculture so little energy as work done by people
Secondary industry - industrialisation requires lots of energy due to factories etc
Tertiary/quaternary/quinary industry (services) - less usage than secondary but lots of electricity required
How does climate affect energy usage?
Locations with extreme climates require more energy for artificial heating/cooling, but influenced by development
Define renewable and recyclable energy sources, and give examples
Renewable energy sources are replenished in a human timescale eg solar, biomass
Recyclable energy sources are waste products that can be reprocessed and reused eg nuclear energy, biofuels
Why are lots of countries changing their energy mix?
Increasing demand and price of energy causing them to diversify energy mix
What are causes of variation for renewable energy supply?
Geology, climate, accessibility, landscape
Explain how landscape & geology could cause variation in renewable energy supply
Geology - contains deep geothermal aquifers for geothermal energy, land covered by warm sea previously creating sedimentary basins
Landscape - tectonic uplift resulting in steep relief causing HEP, need large amounts of water (HEP)
Explain how climate & accessibility could cause variation in renewable energy supply
Climate - solar insolation for solar energy, high wind speeds for wind energy
Accessibility - areas for potential renewables in remote regions, landlocked resulting in poor infrastructure for imports/exports
State the pros and cons of developing oil/gas in remote/ecologically sensitive areas
+ growing demand so economically viable
+ most accessible oil/gas fields exploited so supply required
- wildlife migration routes/habitats disrupted by noise/pollution from drillings or vehicles
- deforestation makes way for oil extraction causing soil erosion and more likelihood of flooding
- remote & expensive
Define unconventional sources of energy, with examples
Unconventional sources of energy (eg tar sands, oil shales) are an alternate way of removing fossil fuels from rocks, obtained through fracking (hydraulic fracturing) or tar sands extraction other than conventional oil/gas drillings
How does fracking work?
Water is blasted into rock fractures under pressure into the shale bed layer
Methane & other gases released and collected