Class Notes (835,539)
Canada (509,225)
Economics (806)
ECON366 (28)
Lecture 11

ECON366 Lecture 11: Global Energy Supply - Nuclear Power

2 Pages
100 Views
Unlock Document

Department
Economics
Course
ECON366
Professor
Dana Andersen
Semester
Fall

Description
ECON 366 Lecture 13 Global Energy Supply Nuclear Power Regional nuclear supply, Countries involved: OECD, Middle East, NonOECD Europe and Eurasia, Asia, China, NonOECD Americas, Africa Chart analysis 1. The first use of the nuclear power was in Russia in 1954, and it was cheap to generate at that time 2. There was a rapidly growth of nuclear power in the early 1970s and high concentration of nuclear power in OECD countries. But in the late 1990s a larger share of nuclear power was transferred from OECD to China and Non OECD European countries 3. There are two reasons for the declined nuclear power use in OECD countries. Firstly due to the increasing oil price and the adoption of new technology (after the Iraq War), there was a reduced demand for the crude oil and also nuclear power; secondarily due to safety concerns, OECD countries carried out lots of regulations and limitations of nuclear power, and deregulation of electricity markets in the late 1990s to decentralize the electricity market, resulting in the declined demand for the nuclear power Nuclear Energy Production Table analysisTable A 1. For new installed capacity, Japan produced significant less than its potential capacity due to the earthquake catastrophe 2. France was highly dependent on the nuclear power for the electricity generation Hydro Regional Hydro Supply (TWh) Chart analysis: 1. The total hydro power has increased over 107 from 1971 to 2011, and the greatest effort was made from China 2. The share of hydro power in OECD countries was decreased from 71.9 to 40.7, while increased from 2.9 to 19.6 in China 3. The hydro power is the secondary largest energy source in China (first energy production is coal), and it has 32 turbines the great capacity for the hydro power generation
More Less

Related notes for ECON366

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit