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%)
3
Q
FTM: Electricity Production and Costs
A
Fossil Fuels generate almost 70% of worlds electricity, world electricity is 35% of total primary energy
4
Q
FTM: Calculating System Efficiencies
A
They Multiply
5
Q
FTM: Primary Fuel Consumption
A
US (Oil, Nat Gas, Coal) World (Oil, Coal, Nat Gas)
6
Q
FTM: McKelvey Diagrams
A
Resource Base [Reserves (Proved Reserves)] Increasing certainty (Xaxis), Increasing Cost (Yaxis)
7
Q
FTM: Reserves to Production Ratio
A
They Divide