1. ENERGY SCENARIO Syllabus Energy Scenario: Commercial and Non-Commercial Energy‚ Primary Energy Resources‚ Commercial Energy Production‚ Final Energy Consumption‚ Energy Needs of Growing Economy‚ Long Term Energy Scenario‚ Energy Pricing‚ Energy Sector Reforms‚ Energy and Environment: Air Pollution‚ Climate Change‚ Energy Security‚ Energy Conservation and its Importance‚ Energy Strategy for the Future‚ Energy Conservation Act-2001 and its Features. 1.1 Introduction Energy is one of the major
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The Alternatives for the future By Pedro Albuquerque Index: Summary The real alternatives Proved oil and natural gas reserves World primary energy consumption Fuel fundamentals Fuel sources Alternatives for the future Dual-fuel Bio-diesel GTL Diesel Ethanol Hydrogen Gasoline Analyses & Conclusions Bibliography Acknowledgement 3 5 7 7 8 10 11 14 21 25 29 31 34 37 39 44 45 Summary 2 Alternatives future for the As the we live in a world that relies 99% in those two fuels for
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REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey TURKISH ENERGY INDUSTRY REPORT AUGUST 2010 DECEMBER 2009 CONTENTS 1. 2. 2.1 2.1.1 2.1.2 2.1.3 2.1.4 2.2 2.2.1 2.2.2 2.2.3 2.2.4 2.2.5 2.2.6 Executive Summary Sector Overview Global Sector Oil Natural Gas Coal Nuclear The Domestic Sector Sector Overview Electricity Oil and Gas Coal Nuclear Main Players 3 4 4 5 5 6 7 7 7 8 12 13 14 14 14 16 17 19 20 25 26 27 2.2.6.1 Electricity 2.2.6.2 Oil and Gas 2.3
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The decision whether to close the Lima‚ OH plant has not been easy to make. There have been many arguments as to why and why not the plant should remain open or be closed. As the VP of Finance for BP‚ I have kept an open mind and looked at the advantages and disadvantages of closing the plant. I will now discuss some of these arguments in the following paragraphs. The first argument as to why the plant should remain open is the 30% increase in productivity. Lima‚ Ohio has a population of 48‚000
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Market structure : there are a number of different buyers and sellers in the marketplace. This means that we have competition in the market‚ which allows price to change in response to changes in supply and demand. Furthermore‚ for almost every product there are substitutes‚ so if one product becomes too expensive‚ a buyer can choose a cheaper substitute instead. In a market with many buyers and sellers‚ both the consumer and the supplier have equal ability to influence price. In some industries
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immediate action to incorporation renewable energy sources is crucial. Specifically‚ the government should stop giving subsidies to oil companies and instead be using taxpayers’ money to develop solar energy‚ such as‚ solar thermal energy in order to establish a sustainable‚ clean‚ responsible and efficient form for energy for generations to come. While solar energy startup and even maintenance costs can be just as expensive as oil and coal production‚ solar energy is undoubtedly worth the price in the
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the movement of trade‚ capital‚ technology‚ and people”. And undoubtedly the disaster has affected the relationships between countries and affected the world economies‚ be it the relationship with the board of directors of BP and the US government or the change in value of BP PLC on the stock exchange. ²As a result of the oil spill the Obama administration imposed a six month moratorium on new deep water drilling operations which ended on the 12th of October. For twenty years previous to the oil
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TNK-BP is a joint venture company owned by British Petroleum‚ more commonly known as BP‚ and the Alfa‚ Access/Renova group‚ more commonly known as AAR. Both BP and AAR each own 50% of TNK-BP. TNK-BP was created in 2003 after a merger between BP and TNK that settled the dispute between the two companies over Sidanco and its subsidiary Chernogorneft’s ownership that had been on- going for years. The partnership combined BP’s knowledge‚ equipment‚ and experience; and Russia’s new supply
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Alternatives to Destruction Gas prices got you down? They should. However‚ the rise in petroleum prices is the least of my worries. Our nation ’s supply of fossil fuels is running out and we ’re doing more damage to our environment than humanly reversible. Now it ’s time for the good news‚ there are alternatives and loads of them. Legislation from federal and state governments along with biofuels are constantly being introduced and researched to the betterment of the environment. These alternatives
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Alternative fuels‚ also known as non- renewable sources‚ are substances that can be used as fuels‚ other than conventional fuels. Conventional fuels include: fossil fuels (petroleum (oil)‚ coal‚ propane‚ and natural gas)‚ and nuclear materials such as uranium. [ 1] The fuels we use now are finite‚ meaning they have a limited life expectancy. This along with the toxic waste they produce has made environmentalist and government officials alike take precautionary steps so that we do not
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