Lesson 10 and 11: Energy Players and Pathways Flashcards
Define energy pathways
Describes the flow of energy between the producer and consumer; and how it reaches the consumer e.g. pipeline, transmission line, ships, rail etc.
What are the objectives of energy players?
1) energy security - supply must meet demands
2) energy equity - must be accessible and affordable for all countries
3) environmental sustainability
What is biofuel?
Fuel derived from living/organic matter e.g. agricultural crops, forestry, bio waste
Define a primary biofuel
Fuelwood, wood chips, pellets and other organic material used in the unprocessed form, primarily for heating, cooking or electricity generation
Define secondary biofuel
Derived from the processing of biomass and includes liquid biofuels such as ethanol and biodiesel, which can be used by vehicles and in industrial processes
How many tons of CO2 emissions has Brazil reduced by from using biofuels since 2003?
350 million tons
What are some negatives of biofuel?
Takes land from food production
Need pesticides and fertilisers which use fossil fuel in production
Require large volumes of water
Loss of a carbon sink and emissions from deforestation
What % higher than savings from biofuels are there in Brazil?
35-60%
What % more can some biofuels produce than coal?
150-400% more CO2
What is OPEC?
12 member countries
Organisation of Petroleum Exporting Countries
Control much of oil and gas in the global market and the prices
What fraction of the world’s oil reserves do OPEC hold?
2/3
What is the role of energy companies?
Convert primary energy into electricity and distribute
Considerable influence when setting consumer prices and tariffs
What % of the top 20 oil companies are state-owned?
50%
What are some examples of energy TNCs
Gazprom, BP and Total
What is the role of TNCs in energy?
Range of operations such as exploring, extracting, transporting refining and producing petrochemicals
What is the role of consumers?
Create the demand
Purchasing choices based on prices
Passive players when it comes to fixing energy prices
What are the most influential consumers?
Transport, industry and domestic users