Responses to Increasing Demand Flashcards
BaU Approach : what % of primary increase in demand will be from developing countries by 2030?
70%
Between now and 2030 under a BaU approach what will be the largest dominant source of energy?
will remain fossil fuels
BaU: between now and 2030 what energy source will have the largest incremental increase?
coal
Define : multi-energy solution
meeting future energy demands via mix of renewable / recyclable / non-renewable sources
What does a multi-energy solution suggest is most sustainable and in the interest of energy security>
having a rich fuel mix and mass diversity
What is an example of a multi-energy solution?
the UK’s landfill gas is now a contributor to electricity
In 2008 what % of global energy was supplied by nuclear?
15%
When was the Chernobyl explosion?
1986
What X3 factors is the future of nuclear dependent on?
- improved economics
- convincing people of public safety
- successful waste management
In 2008 what % of global electric supply was supplied by wind?
1%
Name X5 strategies to respond to energy insecurity;
- business as usual
- multi-energy solution
- energy conservation
- investment in nuclear
- investment in renewables
Define : energy conservation
responding to energy based on decreasing the amount of energy used
X4 strategies a country can take to increase domestic energy security;
- greatest possible use of domestic sources
- diversify energy resources
- minimise use of fossil fuels
- ensure guarantees over imported energy
Argument for why OPECs influence is declining;
up and coming oil producing countries have not joined OPEC e.g Canada
Recent oil price drop how many people have lost their jobs?
250,000 oil workers at least
in the US due to recent price drop what are oil wells now?
virtually none now profitable to drill
What recent diplomatic event will meant the over-production of oil is exacerbated?
Iran has just loaded its first oil shipment to Europe since the lifting of sanctions after its deal with the US
insists it wants to increase production
What have oil companies done to respond to recent fall in oil prices?
- reduce workforce
- cut payrolls
