Urban Renewable Energy Policy and Practise

In the absence of useful and established patterns of practice, a search is under way for new means of reconciling local government’s sectorial concerns, technological opportunities, and shifts in energy markets with global environmental imperatives. There are several hopeful initiatives, focusing squarely on comprehensive local action in urban and regional conversion to a renewable energy supply base. (more…)

Cost-Benefit Analysis Applied to Energy

Cost–benefit analysis (CBA), also known as benefit–cost analysis, is rooted in applied welfare economics. It is a way of organizing and analyzing data as an aid to thinking. It provides a set of procedures for comparing benefits and costs and is traditionally associated with government intervention and with the evaluation of government action and government projects. The underlying rationale for CBA is rational choice; that is, a rational agent will weigh the costs and benefits of any proposed activity and will only undertake the activity if the benefits exceed the costs. (more…)

Electricity Production and Conversion

Electric and gas utilities’ Research & Development activities deal nearly exclusively with energy conversion, distribution, and energy usage (at least to the extent that these firms still focus on these core businesses). Although detailed data on utility Research & Development are not collected systematically, it seems that Energy R&D spending by many utilities has declined during the past decade or so. For example, a 1996 survey by the U.S. General Accounting Office (GAO) found that the combined Research & Development spending of the 112 largest operating utilities in the United States dropped from $708 million in 1993 to $476 million in 1996. (more…)

Economics Value of Energy

We have seen that energy is basic for life and activities in nature and society. Energy is a measure of value in physical terms. However, the more complex a system or a process becomes, the less can be said by physics. Even the term ‘‘complexity’’ is problematic. There are several definitions of complexity as a quantitative concept in information theory. (more…)

Energy Import Dependence, Resource Exhaustion and Carbon Policy

energy import dependence
Geopolitical risk refers almost always to primary energy carriers (oil, gas, coal, uranium or renewable energy) since their location depends on the vagaries of geology and climate. Production and energy consumption are thus often physically far apart and take place in countries and regions with different histories, cultures and values. Apart from oil & gas exploration and production, all other steps of the energy chain such as refinement or enrichment, energy conversion and distribution can be moved physically closer to the final customer or are, like consumption, directly under the latter’s control. (more…)

Uses of Energy in Home and Daily Life

Based on estimates of the U.S. Department of Energy, the energy used in homes accounts for 20% of all the energy consumption in the United States. The ability to control the indoor temperature is one of the most important achievements of modern technology. (more…)

Measuring Energy Performance for Residential and Commercial Buildings

Interest in rating the real-life energy performance of buildings has increased in recent years, and the real life efficiency performance rating of buildings is important for any sustainable energy future. (more…)

Commercial Energy Use – Significance and Magnitude

The amount of energy consumed in the commercial sector often must be estimated as a fraction of energy use in the combined residential and commercial sectors; national energy use in buildings is often tracked within the major sectors, categorized as industrial, transportation, and ‘‘other,’’ with residential and commercial buildings aggregated and accounting for most of the energy use in this ‘‘other’’ sector. Thus some quick checks on world total energy consumption are useful. The units used to sum world energy use are not easily comprehended by most people, so the important knowledge to retain is the relative values. (more…)

Global Carbon Cycle: Photosynthetic Considerations

The global cycling of carbon involves both biological and physical processes. Only the biological components are discussed here. Plants and other photosynthetic organisms assimilate CO2 and eventually convert the CO2 to simple sugars trough sugar extraction fermentation. From simple sugars, plants synthesize a variety of compounds and store them in the form of plant tissue. (more…)

Heterogeneity in Energy Users

Another possible non-market-failure explanation for the energy efficiency gap is associated with the fact that even if a given technology is cost-effective on average, it will mostly likely not be for some individuals or firms.

If the relevant population is heterogeneous—with respect to variables such as the purchaser’s discount rate, the investment lifetime, the price of energy, the purchase price, and other costs— even an electricity technology that looks very good for the average user (more…)

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