Energy Flashcards
Important climate change events:
- The G7 leading industrial nations have agreed to cut greenhouse gases by phasisng out the use of fossil fuels by the end of the century
- Paris Agreement, 195 nations signed up
Prince Mohammed says what about the ending of oil in Saudi Arabia?
the gargantuan sovereign fund will team up with private equity firms to eventually invest half its holdings overseas in assets that will produce a steady stream of dividends unmoored from fossil fuels
The 3 no regrets of sustainable futures:
- energy efficiency
- renewables
- energy infrastructure
The 3 energy carriers of sustainable futures:
- electricity
- heat
- fuels (liquid, solid, gaseous)
Energy services
- lighting
- cooking
- water supply/ waste treatment
- suitable indoor environments
- mobility
- communication
- entertainment
- manufacturing/ processing capability
Energy supply chains
- liquid, solid and gaseous fuels
- heat
- electricity
Key issues of energy supply chains
- infrastructure
- vulnerability
- resilience
- storage
NZ primary energy:
38% renewables
62% fossil fuels
main source is coal, then gas, then geothermal
NZ delivered energy:
oil 46%, then electricity 25%
NZ electricity:
75% renewable
25% fossil fuels
main source is hydro 55%
What is NZ energy strategy? (NZES)
the overarching goal of the government is to grow the nz economy to deliver greater prosperity, security, and opportunities for all new zealanders
NZES 2011 priorities:
- diverse resource development
- environmental responsibility
- efficient use of energy
- secure and affordable energy