Energy Mix Flashcards
What is the physical availability of resources in the UK?
Natural resources can be imported easily.
1970- UK depended on domestic coal.
It was among global leaders in nuclear technology from the 1950’s-1970’s.
Lost momentum after discovery of large oil reserves in the North sea.
What is the physical availability of resources in Norway?
Norway has a significant amount of oil.
HEP is the natural energy choice- it is a mountainous region, with steep valley and plentiful rainfall.
Much of oil and natural gas is exported.
Coal from Svalbard exported.
What is the cost of resources in the UK?
UK rich enough to import natural resources.
North sea reserves became a ‘secure’ alternative to dependency on Middle Eastern oil.
North sea oil expensive to extract.
What is the cost of resources in Norway?
Norsk Hydro runs over 600 HEP sites, which supply 97.5% of Norway’s renewable electricity.
HEP costs are low one capital investment is complete.
What is the technology in the UK?
Extraction in UK is uncrealistic and expensive due to current technology and environmental policy.
What is the technology in Norway?
Norway invested in hydropower.
Deepwater drilling technology enabled both Norway and the UK to develop North Sea oil and gas extraction.
What are the political considerations in the UK?
Increasing reliance on imported energy sources affects the UK’s energy security, became a political issue.
Public concern about new and proposed fracking and nuclear sites.
What are the political considerations in Norway?
Foreign companies prevented from owning energy companies.
Royalties and taxes paid into government from sale of fossil fuels.