Prof Priti Thakkar SIES College of Commerce and Economics

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Prof Priti Thakkar

SIES College Of Commerce And Economics


ENERGY

ANIMAT INANIM
E ATE

NON
ANIMAL HUMAN CONVEN
CONVEN
S LABOUR TIONAL
TIONAL
NON-
RENEW RENEW NUCLEA GEOTH
ABLE TIDAL SOLAR WIND
ABLE R RMAL

FIREWO NATURA
HYDEL COAL BIO-GAS COAL OIL
OD L GAS
 Renewable sources can be renewed in a human
lifetime.
 They are:-
a. Sun
b. Water
c. Wind
 Nonrenewable sources take longer than a human
lifetime to renew.
 They are:-
a. Fossil Fuels.
RENEWABLE
SOURCES OF
ENERGY
HYDEL
Water is nature’s gift to us.
Water is also used to create electricity.
Water power that is used to create electricity
is called hydroelectric power.
Dams use moving water to make electricity
in places where there are large bodies of water.
Hydroelectric power can run mills that produces
energy.
OTHER RENEWABLE
 HYDEL
 FIREWOOD
 COAL
 BIO-GAS
NON-RENEWABLE
SOURCES OF
ENERGY
 Let’s learn about fossil fuels, which are non-
renewable energy resources.
 Fossil fuels are formed from the remains
of plants and animals that lived and died
long ago.
 Over time, the remains of dead plants and
animals are changed into energy-rich
fuels, called fossil fuels.
 Some examples of fossil fuels are-
I. Coal
II. Petroleum (oil)
III. Natural Gas
IV.Gasoline
Where can we find fossil fuels?
We can find these natural Resources
under the Ground!
 As you can tell, it takes longer to get more of
the nonrenewable resources.
 That’s why we need to conserve our
non-renewable resources.
 We need to use them wisely and not waste
them.
NON-
CONVENTIONAL
ENERGY FROM SUN IS CALLED
SOLAR ENERGY.
 Solar energy from the sun is a natural resource.
 That means energy source can be found in
nature.
 Solar energy is not the only natural energy
resource.
WIND ENERGY
 Wind is found in
nature.
 It is natural
resource.
 Wind energy is used
to create electricity.
 Wind energy can be
generated in windy
places, like on
mountains etc.
OTHER NON- CONVENTIONAL
 NUCLEAR
 TIDAL
 GEO-THERMAL
Patterns of energy
consumption in the
World
 Worlds primary energy consumption is
growing by 5.6%.
 The Asia Pacific Region continues to lead
Global energy consumption 38.1% of the
world and for 67.1% of Global coal
consumption.
 Within the Asia Pacific countries, Coal is the
dominant fuel accounting for 52.1% of energy
consumption.
 The 20 richest countries of the World consume
nearly 80% of the natural gas, 65% of oil,
and 50% of coal produced each year.
 These 20 countries account for less than 20%
population which consumes 50% of the
commercial energy supply.
 There is direct co-relation between energy
consumption and the level of Economic
development.
Historical Records of
Energy Crises
1973 OIL CRISES
An OPEC oil export embargo by many of the
major Arab oil producing states, in response to
western support of Israel during the Yom
Kippur War.
1979 ENERGY CRISES
Cause: The Iranian Revolution.
1990 SPIKE IN THE PRICE OF OIL
Cause: The Gulf War.
The 2000-2001 CALIFORNIA
ELECTRICITY CRISES
Cause: failed deregulation and business
corruption.
THE UK FUEL PROTEST OF 2000
Cause: raise in the price of crude oil and
combined with already relatively high taxation
on road fuel in the UK.
NORTH AMERICAN NATURAL GAS
CRISES

ARGENTINE ENERGY CRISES OF 2004

POLITICAL RIOTS OCCURING DURING


THE 2007
Burmese anti-government protests were
sparked by rising energy prices.
COMMON CAUSES
BEHIND ENERGY
CRISES
Over dependence on conventional sources of
energy, especially on hydro-carbon based fuels.
Natural oil and gas shortages due to war or
other political disturbances.
Market failure is possible when monopoly,
manipulation of markets occur.
A crises can develop due to industrial actions
like organized strikes and govt. embargoes.
A crises could emerge after infrastructure
damage such as damage to pipeline etc.
Over consumption.
Attack by terrorists on oil production and
supply plants.
Political events and changes.
Government/ Monarchy collapse.
Changes in Laws and Policies in different
countries.
Natural Calamities.
Inter-country War.
ENERGY CONSERVATION:

Energy conservation means more efficient


utilization of energy resource ensuring the
same level of economic activities with lesser
inputs of energy.
Measures for Energy
Conservation
Creating Awareness.
Improve efficiency of equipments, machinery
and appliances.
Upgrade all equipments through technology.
Substitutes should be made available.
Non- renewable sources should only be used
when the substitutes are not available.
Alternatives should be made available.
Energy Audits should be made compulsory in
large production units.
Budget allotment should be made for energy
conservation plans.
Improvise management and maintenance to
avoid losses.
Need for modernization and renovation of
plants.
Increasing use or railways as compared to
roadways.
Efficient systems for household sectors.

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