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Energy: Supply and demand

Energy: Supply and demand. Dr. Ron Lembke. Hot, Flat, and Crowded. Hot: Climate Change Flat: Technology and Bandwidth Crowded: More people, who want to live like us. The demand for energy. International Energy Outlook, 2011, US Energy Information Admistration , eia.gov.

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Energy: Supply and demand

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  1. Energy: Supply and demand Dr. Ron Lembke

  2. Hot, Flat, and Crowded • Hot: Climate Change • Flat: Technology and Bandwidth • Crowded: More people, who want to live like us

  3. The demand for energy

  4. International Energy Outlook, 2011, US Energy Information Admistration, eia.gov

  5. EIA Demand Scenarios http://www.eia.gov/conf_pdfs/Monday/Sweetnam_eia.pdf

  6. The supply of energy

  7. Hubbert’s Peak • M. King Hubbert, “Nuclear Energy and the Fossil Fuels” (Drilling and Production Practices, American Petroleum Institute, Washington, DC, 1956),

  8. Causality or Correlation?

  9. Where does our oil come from?

  10. US Oil Imports, US EIA

  11. When is the Peak? 2004 data

  12. Different Scenarios http://www.eia.gov/tools/faqs/faq.cfm?id=38&t=6

  13. The Price of energy

  14. Gas Prices 1990-2012 Data: http://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

  15. Price of Liquids

  16. The Price of Fuel http://www.eia.gov/petroleum/gasdiesel/

  17. EIA Predicted Price of Crude Oil, 2011 Death Valley, April 2012

  18. NV Electricity Prices Elect. Price Data: EIA, 20y Rsq=0.91, 10y Rsq=0.94

  19. Where Does it Come From?

  20. Proven Oil Reserves, CIA Factbook

  21. US Coal Reserves http://www.eia.gov/energyexplained/index.cfm?page=coal_reserves

  22. http://www.eia.gov/energyexplained/index.cfm?page=coal_reserveshttp://www.eia.gov/energyexplained/index.cfm?page=coal_reserves

  23. Pinion Pine Power Plant • DOE Clean Coal • Air-blown Integrated Gasification Combined Cycle • $335.9m, half DOE, half SPP • New gasification method • New desulfurization method

  24. Carbon Capture & Sequestration • Porous rock formations • Small scale tests • Expensive – lose 30% of electricity gained • So make more electricity – It’s CARBON FREE! • There are other pollutants • What if it gets out? • Natural gas stays safely underground

  25. Solar Resources

  26. Geothermal Resources

  27. Wind Resources

  28. Renewables’ Share growing

  29. US Energy Sources

  30. What we use it for

  31. Summary • Demand for energy is going to increase significantly • Growing populations • Rising standards of living • Supply of energy not increasing as fast • Global oil supplies are finite • Peak oil is likely coming in next 40 years • Alternative energy sources

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