Nuclear Generating Capacity In The United Kingdom

nuclear united kingdom
Following the recent completion of three nuclear power plants, there is now some 9.6 GW of nuclear capacity in the United Kingdom. The nuclear share of electrical output, which has stood at around 13% for many years, should rise to around 20% when this capacity is in full operation. A further two reactors are currently under construction which will increase the British nuclear capacity to more than 12 GW by the late 1980s, which could bring the nuclear share of electrical output to around 25%. (more…)

Oil Prices Inflation Since the Early 1970s

Oil Prices Inflation
In the post-World War II period, until the beginning of the 1970s, oil price fluctuations were very small. From 1949 to 1970, average annual fluctuations of oil prices in U.S. dollars, as measured by the absolute value of year-to-year price changes, were of the order of 1%. Therefore, the real price (i.e., inflation adjusted) slightly declined throughout this period. This so-called Golden Age peak oil impacts period was characterized by a remarkable price stability and very strong gross domestic product (GDP) growth in the main industrialized economies. The stability of oil prices was an important element behind the low inflation and strong economic growth. (more…)

Peak Electricity Demand Impact and Reducing Power Needs During Peak Periods

Peak Electricity Demand
Power generation and distribution networks are built with spare capacity to meet peak periods of energy consumption is usually a time when demand for heating and / or cooling is particularly acute accommodate. Normally, peak electricity demand in some cases last just a few hours every year. And while the networks have always had to cope with peaks in recent years, the electricity consumption during peak hours has increased dramatically in the afternoon. (more…)

Renewable Energy Sources in Europe: Geothermal, Wind Energy, Biomass

In Europe, modern renewable energy sources technologies were explored thoroughly for the first time after the oil embargo/ price crisis of 1973. Notably, market introduction of renewable energy technology started in about 1985, but the renewable energy sources industry has become vital only during the past decade. Accordingly, relevant statistical renewable energy sources data have been systematically compiled only over the past decade, although reliable and consistent statistical renewable energy sources data, collected since 1989, exist for all 15 countries of the European Union and for Western Europe (defined here as the EU-15 plus Switzerland, Norway, and Iceland). (more…)

Security Of Energy Supply In The OECD Countries

security energy supply
The continuous availability and affordability of energy and, in particular, electricity supply is an indispensable condition for the working of a well-functioning modern society. This is especially true for advanced industrial or post-industrial societies, where electricity generation provides the services essential for production, communication and exchange. Unsurprisingly, governments of OECD countries are thus concerned with understanding the factors influencing the security of energy and electricity supplies and seek to develop policy frameworks and strategies to enhance them. (more…)

The Role Of Nuclear Energy In Reducing Security Of Supply Risk

nuclear energy supply
Nuclear energy has some distinct advantages in strengthening the external dimension of energy supply security. These include:

Nuclear power plants produce electricity domestically. Their capital and labor inputs are also provided domestically. With more than 90% of its inputs in terms of value sourced domestically, it can be considered a largely domestic source of energy and electricity.

• Of course, a majority of OECD countries import part or all of their requirements of uranium plutonium. (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…)

Public Acceptance Clusters of Energy Technologies

energy technologies public
Public acceptance (PA) clusters are defined by a number of rather intangible commonalties dealing with social values and public preferences. Societal values influencing the public acceptance of energy technologies include the following:

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The internalization of environmental external costs. In this respect, all energy technologies with high SO2 emission intensities form the acidification cluster; (more…)

Biomass Resources as Major Factor Towards Sustainable Energy System

biomass energy resources
Biomass has been a main energy sources 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…)