Energy Security Flashcards
To learn content for energy security unit of contested planet
How much of the world’s energy do Non-renewables currently provide?
85%
Name 4 key players in the energy game
- Governments
- Energy TNCs (e.g BP)
- OPEC (Cartel)
- Consumers
How much oil does China Produce per day, compared to consumption?
- Produces 3 million barrels per day
- Consumes over 7 million barrels per day.
How has GDP grown in China since 1980?
It has doubled every 8 years.
How much of the world’s Primary energy needs does coal satisfy and does it make up such a large composition of the world’s Energy Mix?
23%
-Cheap and highly abundant
How can coal be made clean?
-Wet Particle scrubbers and electrostatic precipitators can help cut particulate emissions by 99.5%
What are the Negative impacts of the burning of Coal?
- produces 9 billion tonnes C02 per year
- 500 tonnes of particulates (causing respiratory problems)
What are the main benefits of Oil as a source of power?
- High energy density (little oil = lots energy)
- Easy to produce and refine
- Good infrastructure in place to support the industry and distribution
What are the main drawbacks to oil as a source of power?
- Threat that peak oil has/will be reached
- Over reliance on oil can be detrimental to energy security, as well as income (Nigeria, 90% exports)
- Threat of oil spill, damaging marine life (Bp, Deepwater Horizon 2010)
Why is natural gas important to the future of the world’s energy mix?
Will bridge energy supply gap until renewable sources of power are made commercially viable
What are the benefits of Nuclear energy?
- No GH gas emissions
- Uranium plentiful, so not as vulnerable to price fluctuations.
- Less stress on geopolitics
Name 2 disadvantages of Nuclear energy
- High construction and decommissioning costs
- Chance of nuclear meltdown
Give two benefits of wind power
- UK government estimated in 2010,wind power saved 6 billion tonnes Carbon dioxide emissions
- Economic benefit (10800 jobs manufacturing and installing turbines in UK)
What are the two main disadvantages of Wind power?
- Often suitable for remote locations, so expensive distribution
- Wind variations = unreliable.
What are the main reasons for rises in levels of global consumption?
- Population increase
- Emerging economies (industrialisation of RICS and NICs)
- Increased wealth worldwide and standard of living (BRICS)
What proportion of Oil supplies do OPEC own?
79%
What percentage of Gazprom is owned by the Russian state?
50%
To what extent do Gazprom control global gas supply?
- 1/3 world’s supply controlled
- Provides 25% EU gas
- world’s 3rd largest corporation
How many biogas stoves are estimated to be used in India and China?
5 million
Why was there dispute between Russia and the Ukraine, what were the consequences?
- In 2004, Pro Russia leader removed in Ukraine, replaced with Pro-western reforms.
- Russia 4x Gas price
- Ukraine refused to pay, so gas cut off in middle of winter.
- State owned governments important for geopolitics.
How many countries does BP produce oil in?
25, but operational in 80
What was the extent of the 2010 deep water horizon oil spill?
- 4.9 million barrels of oil into the gulf of Mexico
- 4600 animals killed
- $42.5 billion loss for BP
- $23 billion dollar estimated loss in tourism over 3 years
What makes Energy TNCs so important to the production and supply of energy?
They are vertically integrated, being involved in exploration, production, refining and transportation.
How many barrels of oil do BP produce per day?
3.8 million
Name one way how TNCs such as BP can be important to the supply of energy in the future.
Using financial power to diversify and invest in renewables. E.g BP invest over $1 billion per year in the development of biofuels, solar and wind.
Give an example of how OPEC have asserted their power on the world.
1973 Oil Crises -In protest to war, OPEC set an Oil embargo on the USA, Canada and UK (others) rising the price from $3-12 per barrel in the space of 6 months, triggering a recession.
How can National governments influence energy supply?
Influence in allocating or removing drilling and exploration licenses. E.g Drilling was banned after the Deepwater Horizon disaster in 2010
Why drill deep? (in the case of BP)
- 12% of all conventional oil reserves are Deepwater
- by 2035, production predicted 11% global output
- US imported 49% of oil at the time (66% from OPEC)