Geography 2143A/B Lecture Notes - Lecture 9: Fuel Cell, Hydroelectricity, Concentrated Solar Power
Document Summary
Price of energy = cost subsidies. By 2040, oil will still be leading, followed by gas, biomass, nuclear, other renewables, and hydro. Up to 1900s, biomass is the most used source of energy. Global demand for energy will increase by 36% between 2008 and 2035. Emerging economies will account for almost all of this increase. Energy-demand growth in developed nations will be modest and expected to fall 2% overall from 2010 to 2040: largely efficiency improvements. Developing nations will have demand growth of 56: china and india will account for 40% North america and saudi arabia have the most oil. The more developed the country, the more efficient they use: as technology improves, the efficiency get better. China is active in installing renewable energy. Gdp and energy consumption are correlated: both changes when one changes. Cheapest way to produce is natural gas conventional cycle.