Energy Flashcards

1
Q

What is global warming?

A

Climate change refers to long-term shifts in temperatures and weather patterns. These shifts may be natural, but since the 1800s, human activities have been the main driver of climate change, primarily due to the burning of fossil fuels (like coal, oil, and gas) which produces heat-trapping gases.

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2
Q

What is the greenhouse effect?

A

The greenhouse effect is a process that occurs when energy from a planet’s host star goes through its atmosphere and warms the planet’s surface, but the atmosphere prevents the heat from returning directly to space, resulting in a warmer planet.

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3
Q

What are greenhouse emissions?

A

A greenhouse gas is a gas that absorbs and emits radiant energy within the thermal infrared range, causing the greenhouse effect. The primary greenhouse gases in Earth’s atmosphere are water vapor, carbon dioxide, methane, nitrous oxide, and ozone.

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4
Q

What are fossil fuels?

A

Fossil fuels are made from decomposing plants and animals. These fuels are found in the Earth’s crust and contain carbon and hydrogen, which can be burned for energy. Coal, oil, and natural gas are examples of fossil fuels.

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5
Q

How is coal responsible for generating electricity?

A

Coal is primarily used as fuel to generate electric power in the United States. In coal-fired power plants, bituminous coal, subbituminous coal, or lignite is burned. The heat produced by the combustion of the coal is used to convert water into high-pressure steam, which drives a turbine, which produces electricity.

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6
Q

What is electricity?

A

Electricity is a secondary energy source that we get from the conversion of other sources of energy such as coal, natural gas, oil, nuclear power, and so on. These sources are known as “primary sources.” Primary sources can be renewable or non-renewable, but the electricity itself is neither.

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7
Q

What is energy?

A

Energy is defined as the ability to do work. Energy can be found in many things and can take different forms. For example, kinetic energy is the energy of motion, and potential energy is energy due to an object’s position or structure. Energy is never lost, but it can be converted from one form to another.

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8
Q

What is renewable energy?

A

energy from a source that is not depleted when used, such as wind or solar power.

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9
Q

What is nuclear energy?

A

Nuclear energy is the energy in the nucleus, or core, of an atom. Atoms are tiny units that make up all matter in the universe, and energy is what holds the nucleus together. There is a huge amount of energy in an atom’s dense nucleus.

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10
Q

What is the Strategic Petroleum Reserve?

A

The Strategic Petroleum Reserve is an emergency stockpile of petroleum maintained by the United States Department of Energy. It is the largest known emergency supply in the world, and its underground tanks in Louisiana and Texas have capacity for 714 million barrels.

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10
Q

What is the Strategic Petroleum Reserve?

A

The Strategic Petroleum Reserve is an emergency stockpile of petroleum maintained by the United States Department of Energy. It is the largest known emergency supply in the world, and its underground tanks in Louisiana and Texas have capacity for 714 million barrels.

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11
Q

What is an oil refinery?

A

An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha.

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12
Q

What is refinery conversion?

A

Conversion process units are used to convert one hydrocarbon stream into another by changing molecule size and structure. The objective is to shift the yield of the refinery away from less valuable products (e.g., residual fuel oil, LPG) and toward more valuable ones (e.g., gasoline, diesel).

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13
Q

Enumerate the types of oil

A

There are six types of crude oil: light/sweet, light/sour, medium/sweet, medium/sour, heavy/sweet, and heavy/sour. each type of crude oil serves a particular market, and each fetches a different price. Heavy oil. Light oil. Sweet or sour oil.

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14
Q

What is Petroleum?

A

Petroleum is a broad category that includes both crude oil and petroleum refined products. The terms oil and petroleum are sometimes used interchangeably.

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15
Q

Why does the U.S. import oil from other countries?

A

because American refineries are often set up to process types of oil that are different from those produced in the United States.

It would be expensive and difficult to reconfigure refineries to process more U.S. oil, which is why the United States is likely to continue importing large quantities even if it were to produce more domestically. The United States also uses much more oil than it produces.

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16
Q

What type of oil are U.S. refineries configured to utilize?

A

Heavy crude oil.

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17
Q

How does the weight of crude oil affect its ability to be refined?

A

The weight of oil defines how easy it is to refine, or break down into its usable component parts, such as gasoline, jet fuel and diesel. Light crude is the easiest to handle, heavy is the most difficult, with intermediate obviously somewhere in between.

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18
Q

Which type of oil is the cheaper variant; heavy or light?

A

Heavy crude oils are less expensive for a refinery to purchase but more expensive to refine, since they have greater costs from higher energy inputs and additional processing to meet environmental requirements.

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19
Q

Fracking

A

the process of injecting liquid at high pressure into subterranean rocks, boreholes, etc. so as to force open existing fissures and extract oil or gas.

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20
Q

Why might oil companies possess the disincentive to drill?

A

Because of the understanding that there had existed two major oil price drops in the past 8 years and the conviction that a 3rd is inevitable

The realization that there exists an environmental transitioning to renewable energy that will exercise adverse ramifications over their profits

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21
Q

Reasons for high gas prices;

A

Oil supply chain disruptions attributable to Covid-19
Russian invasion of Ukraine
Oil companies capitalizing on the higher costs of oil in EU and exporting oil overseas, limiting the supply of domestic oil for U.S.
The reductionism in the production of oil for many reasons

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22
Q

When are fossil fuels burned?

A

Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning.

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23
Q

What are some of the consequences of climate change?

A

The consequences of climate change now include, among others, intense droughts, water scarcity, severe fires, rising sea levels, flooding, melting polar ice, catastrophic storms and declining biodiversity.

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24
Q

Wind energy

A

Wind energy is the generation of energy from the utilization of wind turbines. Wind turbines converts the kinetic energy of wind into electrical energy.

25
Q

Solar energy

A

Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture.

It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power.

26
Q

What are the goals of the Paris Agreement?

A

The Agreement sets long-term goals to guide all nations:

substantially reduce global greenhouse gas emissions to limit the global temperature increase in this century to 2 degrees Celsius while pursuing efforts to limit the increase even further to 1.5 degrees;
review countries’ commitments every five years;
provide financing to developing countries to mitigate climate change, strengthen resilience and enhance abilities to adapt to climate impacts.

27
Q

Credit Report

A

A credit report is a summary of how you have handled your credit accounts
Credit reports are used by potential lenders and creditors to help them decide whether to offer you credit – and at what terms

28
Q

How much does it cost to build an oil refinery

A

$5-15 billion

29
Q

What are some of the provisions included in the Inflation Reduction Act

A

tax credits for purchase of EV, investment tax credits and production tax credits towards manufacturers of wind power, solar power and energy storage, rebate programs for households’ usage of clean energy technologies and tax credits for households using rooftop solar and electric HVAC (Heating, ventilation, AC)

30
Q

How will the Inflation Reduction Act influence the Global Economy?

A

It will further drive the global competitiveness necessary for a race to the top on clean energy innovation. Due to the outsize role of the U.S. economy within the global market, this boost in U.S. manufacturing and development of clean energy technologies will help lower the cost of clean energy, facilitating and incentivizing more rapid energy transitions abroad.

It will also stimulate and invigorate international countries’ motivation and orientation towards furthering their transitioning to a more clean source of energy.

31
Q

How is electricity generated from atoms?

A

By gaining or losing electrons. The flow of electrons between atoms is what we call electricity. Since our bodies are huge masses of atoms, we can generate electricity.

32
Q

What is the composition of an atom?

A

tiny particles called protons, neutrons and electrons. the protons and neutrons that compose of the dense inner region of the atom is considered the nucleus. Electrons orbit the atom.

33
Q

Why does climate change yield greater hazardous weather conditions?

A

Warmer air increases evaporation, which means that our atmosphere contains an increasing amount of water vapor for storms to sweep up and turn into rain or snow.

34
Q

Methane

A

A hydrocarbon that is a primary component in natural gas

35
Q

What is natural gas?

A

Natural gas is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher chemical compounds.

36
Q

What are natural gas liquids?

A

Natural gas liquids are condensable hydrocarbons that can be transmuted into liquids and are often associated with natural gas or crude oil.

37
Q

What are some natural gas liquids?

A

Ethane, propane and Butane

38
Q

What are molecules

A

a group of atoms bonded together, representing the smallest fundamental unit of a chemical compound that can take part in a chemical reaction.

39
Q

What is hydraulic fracturing

A

A process which involves the high-pressure injection of “fracking fluid” (primarily water) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely.

40
Q

What is the Rule of Capture?

A

The rule of capture is common law from England. The general rule is that the first person to “capture” such a resource owns that resource. For example, landowners who extract or “capture” groundwater, oil, or gas from a well that bottoms within the subsurface of their land acquire absolute ownership of the substance, even if it is drained from the subsurface of another’s land.

41
Q

Correlative rights doctrine

A

The correlative rights doctrine is a legal doctrine limiting the rights of landowners to a common source of groundwater (such as an aquifer) to a reasonable share, typically based on the amount of land owned by each on the surface above. This doctrine is also applied to oil and gas in some U.S. states.

42
Q

Mineral rights

A

Mineral rights are property rights to exploit an area for minerals it harbors

43
Q

What are some of the major factors in a lease?

A

The description of the property, the duration of time, expected minerals to be extracted and payments paid to the lessor

44
Q

System Average Interruption Duration Index (SAIDI)

A

A framework of evaluation which measures the total time an average customer experiences a non-momentary power interruption in a one-year period.

45
Q

How do fossil fuels generate electricity?

A

Coal or oil is burned to create heat which produces steam which propels turbines and generates electricity.

46
Q

Cost per watt

A

Cost per watt is a metric used to describe the unit cost of one watt of power. It’s most often used in electronics or when looking at devices like solar panels. It’s used to compare the cost of the solar array by the power the solar panels generate.

47
Q

Why is it in one’s best interest to sanction climate change policy and action?

A

The realization of the hellaciously adverse ramifications of climate change such as the radical expansionism of migration of individuals living on the coasts and shores, the diminution and attenuation of certain geographical locations’ capacity to effectuate agricultural activities, the magnification of the intensity, severity and profundity of the pernicious cataclysm that characterizes storms and natural disasters eroding our economic and social infrastructure.

48
Q

Explain Levelized Cost of Energy (LCOE)

A

You can think of LCOE from the perspective of someone who is considering building a power plant. If you are in that situation then the LCOE is the answer to the following question: What would be the minimum price that my customers would need to pay so that the power plant would break even over its lifetime?

49
Q

What are intermittent renewable energy sources?

A

occurring at irregular intervals; not continuous or steady.

50
Q

kilowatt hour

A

a measure of electrical energy equivalent to a power consumption of 1,000 watts for 1 hour.

51
Q

How is Nuclear Energy more flexible?

A

Because of its’ capacity to undergo the application of modification and alteration to production and output levels to meet electrical grid demands. Either by attenuating and reducing the amount of steam that escapes to spin a turbine or the usage of control systems to slow down the nuclear reactions themselves.

52
Q

SMR

A

Small modular reactors (SMRs) are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, which is about one-third of the generating capacity of traditional nuclear power reactors. SMRs, which can produce a large amount of low-carbon electricity

52
Q

Benefits of SMR

A

Many of the benefits of SMRs are inherently linked to the nature of their design – small and modular. Given their smaller footprint, SMRs can be sited on locations not suitable for larger nuclear power plants. Prefabricated units of SMRs can be manufactured and then shipped and installed on site, making them more affordable to build than large power reactors, which are often custom designed for a particular location, sometimes leading to construction delays. SMRs offer savings in cost and construction time, and they can be deployed incrementally to match increasing energy demand.

53
Q

What percentage of gas stations are owned by major oil companies?

A

Less than one percent.

54
Q

What are the conclusionary implications that are drawn from the observation that most gas station are independently owned?

A

An augmentation of orientation to maintain competitive with other local stations, which eviscerates the hypothesis that the reasoning behind the proliferation of gas prices is due to greed.

55
Q

How much does it cost to refine a gallon of oil?

A

Between ,40 and .70 cents per gallon.

56
Q

What percentage of oil drilling is on federal land?

A

The Truth: Oil production from federal lands and waters provides approximately 24% of total U.S. oil production.

57
Q

What is the timeline from receiving a lease to actually producing oil or gas on federal land?

A

The timeline from lease to production can vary from four to 10 years depending on water depth at the lease location, the drilling depth needed to reach the target reservoir, the distance from shore and from infrastructure, the geological characteristics of the reservoir and complexity of production facilities design.

58
Q

When did U.S find out about Saudi Arabia’s oil supply capacity and what did they do?

A

In 1938, Saudi Arabia is found to have vast quantities of oil. In 1943, with concerns growing about the diminishing U.S. oil production capacity, President Franklin Roosevelt declares Saudi oil vital to U.S. security and provides financial support.