Review Energy Trading. 1) Other than price & quantity there are three common characteristics of any contract. Identify each of these three and discuss their relevance to valuation of commodities. Form: What exactly is being delivered‚ Cost of transformation: taking one form and transforming to another form. Riskless trade capturing the full cost of transformation. Space: Location for delivery of the contract‚ driver is the cost of transporting an asset from one point to another. Riskless
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Renewable energy is a microeconomics situation‚ it’s thriving for different type of business‚ and it’s becoming a substantial topic in the United States. Renewable energy is any energy that its source is naturally replenished‚ which is solar‚ wind‚ geothermal or hydroelectric action. There’s another type of source called fossil fuel which is coal‚ oil‚ or gas there are nonrenewable source. Fossil fuels provide energy at a lower cost than renewable energy‚ but fossil fuel is the largest source of
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[Renewable Sources of Solar Energy] | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | Renewable Sources of Solar Energy In today’s civilization the need for energy is increasing at a sky-scraping rate. Every object requires energy to function. This is where preserving energy happens to be a vital subject
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Tutorial – Work‚ Energy (Assume the acceleration due to gravity‚ g = 9.81 m/s2 ) 1. Calculate the work done when a force of 40 N pushes an object a distance of 500 m in the same direction as the force. 2. Calculate the work done when a mass is lifted vertically by a crane to a height of 5 m‚ the force required to lift the mass being 98 N. 3. A spring‚ initially in a relaxed state‚ is extended by 100 mm. Determine the work done by using a work diagram if the spring requires
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the way our eyes are guided around the artwork. Composition is involved with unity‚ how the elements of the artwork go together to form a oneness‚ a wholeness‚ which satisfies the eye. Composition is involved with and governed by the principles of design. Composition is about visual organization. BALANCE Balance involves the distribution of elements in a work of art. Balance is the control of the elements in attracting attention. This attention must be evenly or unevenly spread
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Renewable Energy in Malaysia Energy is a key driver for economic growth‚ constituting about 20% of the Gross Domestic Product (GDP). In 2010‚ the total primary energy supply was 3127.7 petajoules. The main energy sources of commercial energy supply were crude oil‚ which accounted 44.7% and natural gas which accounted 41.6%. These sources remain major ones. However‚ the share of coal and coke increased from 9.1% in 2005 to 11.2 % in these years and only 2.5% came from the non-fossil source of hydro
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Solar Energy: Powering Our Future Today nearly half of the world’s energy is provided by petroleum. What began as a cheap and abundant way to provide energy‚ has become expensive‚ environmentally harmful‚ and finite. With population explosions and the demands of modern lifestyles‚ the world’s need for energy production has become far too much for fossil fuels to keep up with. Experts say that the Earth’s stores of petroleum will be depleted by 2050. The need to find a viable source of energy within
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Solar energy ------------------------------------------------- Solar energy‚ radiant light and heat from the sun‚ has been harnessed by humans since ancient times using a range of ever-evolving technologies. Solar energy technologies include solar heating‚ solar photovoltaics‚ solar thermal electricity‚ solar architecture and artificial photosynthesis‚ which can make considerable contributions to solving some of the most urgent energy problems the world now faces.
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Alternate energy source: Solar Energy Solar energy is one of most popular energy sources around the world. this is because it us conveniently to obtainable‚ as well as space efficient. It doesn’t take up a lot space and give superb energy. The sun is one of the most reliable energy sources on this planet. This is because the sun has been predicted to stay “alive” for many million years to come. It’s radiation also does not fluctuate from day to day like other sources of energy. Solar energy is most
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Running Off the Beaten Path Section I Old energy‚ that which comes from fossil fuels and other nonrenewable resources‚ is now outdated. The costs are becoming tremendous and despite their reliability in the past cannot be depended upon for consistency or reliability. Contemporarily‚ efficiency is most important; getting the most out of everything we use. Most official energy forecasts assume massive growth rates in energy demand (Anderson). Renewables won ’t succeed unless we do efficiency first
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