Energy quality is the relative economic usefulness per heat equivalent unit of different fuels and electricity. One way of measuring energy quality is the marginal product of the fuel, which is the marginal increase in the quantity of a good or service produced by the use of one additional heat unit of fuel. These services also include services received directly from energy by consumers. Some fuels can be used for a larger number of activities and/or for more valuable activities. For example, coal cannot be used directly to power a computer whereas electricity can. The marginal product of a fuel is determined in part by a complex set of attributes unique to each fuel: physical scarcity, capacity to do useful work, energy density, cleanliness, amenability to storage, safety, flexibility of use, cost of conversion, and so on. But also the marginal product is not uniquely fixed by these attributes. (more…)
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Biofuels are made from living matter, plant or animal, and are strongly favored by agricultural interests because of the large boost they bring to domestic farms. Most U.S. biofuels is made from corn (ethanol) or soybeans (biodiesel), although several unusual fuel sources are emerging, including algae and oil waste from deep-frying of foods. The biofuels industry experienced meteoric growth in 2005, 2006 and early 2007, but then it began to slow because of high feedstock prices. Private investment in biofuels finished off 2007 at $2.1 billion, according to ‘Global Trends in Sustainable Energy’, a report by New Energy Finance and United Nations Environmental program. (more…)
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Over the last decade, the number of countries researching the potential of biomass and bioenergy for energy services rose rapidly. This contributed to the biomass as solid and liquid fuels, an interesting and promising option among renewable energy sources available. This includes solid waste and biomass, which comprises of charcoal, firewood, energy crops and forestry and agricultural residues to produce heat and electricity, (more…)
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Lack of access to cleaner energy and the negative outwardnesses associated with energy consumption tend to cycle of poverty for poor households in developing countries. Because the poor lack access to, and often can not to afford cleaner and higher quality fuels and electricity and are therefore dependent on poor and inefficient burning biofuels such as wood and dung. (more…)
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Biomass has been a major source of energy in the world since the beginning of civilization. It has been important in development processes, including early stages of industrialization in several countries. In Sweden, for example, the first concerns about preservation date from the seventeenth and eighteenth centuries, resulting from the recognition of the central role played by forests in energy provision. Biomass was also essential in the initial development of the iron industry in Sweden and, later on, the same happened in Brazil, where charcoal is still largely utilized in iron reduction. Biomass remains a major source of energy in many countries. (more…)
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