Quiz 1 Flashcards

1
Q

What is climate sensitivity?

A

It is the increase in the global mean temperature from pre-industrial levels if the CO2 concentration in the atmosphere is doubled

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2
Q

How does higher climate sensitivity affect the carbon budget for the same degree target?

A

Higher climate sensitivity -> lower carbon budget

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3
Q

What is the atomic mass for C, O and CO2?

A

C = 12 amu
O = 16 amu

CO2 = 12+16*2 = 44 amu

Amu = atomic mass units.

Can be in GtCO2, depending on what we calculate

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4
Q

Calculate carbon budget from allowed emissions

A

Sum C = Allowed emissions [CO2] * (12 [C] /44 [CO2] ) = Carbon budget [ C]

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5
Q

Conversion gC/MJ to tC/TJ

A

1:1 conversion

1gC/MJ = 1tC/TJ

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6
Q

Hur konverteras 1kWh till MJ?

A

1 kWh = 3.6 MJ

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7
Q

Heat factor 3 i pump

A

1kWh_el / 3kWh_heat

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8
Q

Load factor

A

In thermal power plant. We can control the output to meet the demand.

(Capacity factor is for wind and solar. We have a capacity but it is not controlled by us)

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9
Q

Calculation between demand and primary energy

A

Primary energy * eta = demand

Demand = primary energy/ eta

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10
Q

Marginal electricity

A

Electricity generation technology that supplies additional (“marginal”) amount of demand

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11
Q

Average electricity

A

Mix of all electricity generation technology in a system over a certain amount of time, typically a year

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12
Q

Cap-and-trade

A

Emissions above cap have to be offset or purchased. Emissions below cap can be traded
Cap- and trade sets the quantity of emission reductions and lets the market determine the price

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13
Q

Carbon tax

A

Sets the price of carbon dioxide emissions and allows the market to determine the quantity of emission reductions

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14
Q

Price elasticity

A

Change in quantity demanded / change in price

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15
Q

Epsilon

A

Price elasticity

Epsilon = (dQ/Q) / (dP/P)

For small changes

Epsilon = (Q_final - Q_initial)/Q / (P_final-P_initial)/P

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16
Q

Price elasticity generation and orice equations

A

Q_final = Q_initial (P_final/P_initial)^ebsilon

P_final = P_initial (Q_final/Q_initial)^(1/ebsilon)

17
Q

PV_costs

A

Sum^T_t=1 (A/(1+r)^t = A*(1-(1+r)^-T /r)

r - discount rate
T - lifetime
A - average fuel consumption cost

18
Q

Total cost of ownership

A

I_c + PV_costs

I_c - investment
PV_cost - variable cost

19
Q

Capital recovery factor

A

CRF = r/ 1-(1+r)^-T

T - years
r - discount rate