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The context: A time of unprecedented uncertainty nThe worst of the global economic crisis appears to be over –but is the recovery sustainable? nOil demand & supply are becoming less sensitive to price –what does this mean for future price movements ? nNatural gas markets are in the midst of a revolution –will it herald a golden era for gas? nCopenhagen Accord & G-20 subsidy reforms are key advances –but do they go far enough & will they be fully implemented ? nEmerging economies will shape the global energy future –where will their policy decisions lead us ?
Categories: Publication; Types: Citation; Tags: Natural gas, Oil, copenhagen accord
The article discusses a report published by the U.S. Dept. of Energy (DOE) that examined the technical feasibility of using wind energy for electricity generation. The report assessed the costs, impacts and challenges associated with the production of 20% wind energy by 2030. Results have shown that there is a need for an enhanced transmission infrastructure and an increase in turbine installations to achieve 20% wind energy.
This paper investigates the potential for systematic errors in the Energy Information Administration’s (EIA) widely used Annual Energy Outlook, focusing on the near- to midterm projections of energy demand. Based on analysis of the EIA’s 22-year projection record, we find a fairly modest but persistent tendency to underestimate total energy demand by an average of 2 percent per year after controlling for projection errors in gross domestic product, oil prices, and heating/cooling degree days. For 14 individual fuels/consuming sectors routinely reported by the EIA, we observe a great deal of directional consistency in the errors over time, ranging up to 7 percent per year. Electric utility renewables, electric utility...
This paper investigates the potential for systematic errors in the Energy Information Administration’s (EIA) widely used Annual Energy Outlook, focusing on the near- to midterm projections of energy demand. Based on analysis of the EIA’s 22-year projection record, we find a fairly modest but persistent tendency to underestimate total energy demand by an average of 2 percent per year after controlling for projection errors in gross domestic product, oil prices, and heating/cooling degree days. For 14 individual fuels/consuming sectors routinely reported by the EIA, we observe a great deal of directional consistency in the errors over time, ranging up to 7 percent per year. Electric utility renewables, electric utility...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
Noise exposure is known to cause hearing loss and a variety of disturbances, such as annoyance, hypertension and loss of sleep. It is generally accepted that these situations are caused by the acoustical events processed by the auditory system. However, there are acoustical events that are not necessarily processed by the auditory system, but that nevertheless cause harm. Infrasound and low frequency noise (ILFN, <500Hz) are acoustical phenomena that can impact the human body causing irreversible organic damage to the organism, but that do not cause classical hearing impairment. Acoustical environments are normally composed of all types of acoustical events: those that are processed by the auditory system, and those...
The article discusses a report published by the U.S. Dept. of Energy (DOE) that examined the technical feasibility of using wind energy for electricity generation. The report assessed the costs, impacts and challenges associated with the production of 20% wind energy by 2030. Results have shown that there is a need for an enhanced transmission infrastructure and an increase in turbine installations to achieve 20% wind energy.
This paper investigates the potential for systematic errors in the Energy Information Administration’s (EIA) widely used Annual Energy Outlook, focusing on the near- to midterm projections of energy demand. Based on analysis of the EIA’s 22-year projection record, we find a fairly modest but persistent tendency to underestimate total energy demand by an average of 2 percent per year after controlling for projection errors in gross domestic product, oil prices, and heating/cooling degree days. For 14 individual fuels/consuming sectors routinely reported by the EIA, we observe a great deal of directional consistency in the errors over time, ranging up to 7 percent per year. Electric utility renewables, electric utility...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
In many ways, the mountain west (Alaska, Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah, Wyoming) is an energy colony for the rest of the United States: it is rich in energy resources that are extracted to fuel economic growth in the wealthier and more populous coastal regions. Federal agencies and global corporations often behave as if the mountain west is a place to be exploited or managed for the benefit of customers and consumers elsewhere. Yet, the area. is not vast empty space with a limitless supply of natural resources, but rather a fast-growing region with a diverse economic base dependent on a limited supply of water. New decision processes and collaborations are slowly changing this situation,...
Noise exposure is known to cause hearing loss and a variety of disturbances, such as annoyance, hypertension and loss of sleep. It is generally accepted that these situations are caused by the acoustical events processed by the auditory system. However, there are acoustical events that are not necessarily processed by the auditory system, but that nevertheless cause harm. Infrasound and low frequency noise (ILFN, <500Hz) are acoustical phenomena that can impact the human body causing irreversible organic damage to the organism, but that do not cause classical hearing impairment. Acoustical environments are normally composed of all types of acoustical events: those that are processed by the auditory system, and those...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
We have conducted a detailed analysis of costs associated with today’s technology for CO2 separation and capture at three types of power plants: integrated coal gasification combined cycles (IGCC), pulverized coal-fired simple cycles (PC), and natural gas-fired combined cycles (NGCC). The analysis was based on studies from the literature that analyzed the economics of capturing CO2 emitted at power plants. In this paper, we present a composite cost model and perform a sensitivity analysis to identify the cost-drivers for capture. We conclude that with new developments, CO2 capture and sequestration can become a cost-effective mitigation pathway.
Coalbed methane is one of the most important and valuable natural resources in the Western United States. The natural gas that results from CBM development is the cleanest burning fossil fuel, and the extensive domestic supply makes it a central element of the national goal of a secure supply of energy. Demand for natural gas will continue to grow and CBM will play an increasingly larger role in meeting that demand. CBM production has expanded tremendously over the past decade, and the rapidity with which development has expanded has resulted in stresses and tension in affected communities. Development of this important energy resource must be balanced with a number of other important goals of protecting water,...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
As electricity demand increases, policymakers must make decisions about which energy resources will meet future demands. Much of the recent literature has focused on the contribution of new coal power plants to carbon emissions (Milford et al., 2005; Milford et al., 2007; MIT 2007). However, policymakers and industry are increasingly interested in job creation and economic development analyses to understand the full impacts of new electricity generation projects.1 Additionally, economic development impacts are often a critical piece in building public support for wind power projects. The purpose of this research is to look at the specific factors that drive wind-power-related economic development and to better understand...
We have conducted a detailed analysis of costs associated with today’s technology for CO2 separation and capture at three types of power plants: integrated coal gasification combined cycles (IGCC), pulverized coal-fired simple cycles (PC), and natural gas-fired combined cycles (NGCC). The analysis was based on studies from the literature that analyzed the economics of capturing CO2 emitted at power plants. In this paper, we present a composite cost model and perform a sensitivity analysis to identify the cost-drivers for capture. We conclude that with new developments, CO2 capture and sequestration can become a cost-effective mitigation pathway.