Fundamental Tools and Methodologies Flashcards

2
Q

FTM: Production of Energy and GGE

A

Delivery of Energy Services is #1 source of GGE (Global 67%, US 87%)

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3
Q

FTM: Electricity Production and Costs

A

Fossil Fuels generate almost 70% of worlds electricity, world electricity is 35% of total primary energy

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4
Q

FTM: Calculating System Efficiencies

A

They Multiply

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5
Q

FTM: Primary Fuel Consumption

A

US (Oil, Nat Gas, Coal) World (Oil, Coal, Nat Gas)

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6
Q

FTM: McKelvey Diagrams

A

Resource Base [Reserves (Proved Reserves)] Increasing certainty (Xaxis), Increasing Cost (Yaxis)

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7
Q

FTM: Reserves to Production Ratio

A

They Divide

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