Monday, 26 December 2011

Fossil fuel energy

Fossil fuel energy

As the energy used within the UK for generating electricity becomes more carbon friendly we will be able to account for grid electricity at a lower carbon value. Predicting our energy carbon emissions and purchasing sufficient credits will be a challenge in a sector where the weather can have a large impact on energy requirements, such as additional pumping in times of drought. This month, Groom Energy Solutions and Greenbiz.com released the fourth edition of its report entitled The 2011 Enterprise Energy and Carbon Accounting (EECA) Software Market: A Buyer’s Guide .  e3 Solutions was among the 75 vendors listed in this report.  Groom Energy’s team has identified the increasing emphasis on energy management to be a trend in EECA software.

EU also set up the Climate and Energy Package 2009 of climate policies and measures in place to reach 2020 targets. This work focuses on identifying energy saving options (technologies, ?nance innovations, incentives) in the industrial sector, which is currently the largest fossil fuel based emitter. Mr. Tony Wood (Director of Clean Energy Program, Clinton Climate Foundation): In order to attract private investment both CAPEX and OPEX need to be subsidized through grant financing or feed-in-tariff, and risks need to mitigated through other policy instruments.

Recriminations have bedevilled defence, energy, transport and construction projects -- sectors in the main at the heart of the low carbon strategy. Mr. Bruce Murphy (General Manager, Clean Energy Division, Department of Resource, Energy and Tourism, Australian Government): introduced the CCUS Action Group (hereafter "CCUS), which had been established at the Clean Energy Ministerial (CEM) in Washington DC, in July 2010. This situation points to rising fossil fuel energy costs, all other things being equal, over the long term.

Researchers found that substitutions reduced energy consumption by 63 trillion Btu, water consumption by 5.9 billion gallons, and greenhouse gas emissions by 10 million tons of carbon dioxide equivalents, while saving $2.4 to $7.8 billion. The workshop detailed the evolution of Teck’s Energy & Carbon Program to date, provided historical and regulatory backgrounders to ensure that participants had a similar knowledge pool, and featured a guest lecture on climate policy by Dr. Mark Jaccard of Simon Fraser University’s School of Resource & Environmental Management. Breakout groups formed to discuss key aspects of energy and carbon program elements including Monitoring & Metrics, Energy Efficiency Projects, Internal Engagement Initiatives, Communication & External Commitments, Financial Markets, Regulatory Issues, Technology and Research & Development, and Adapting to Climate/Weather Change.There is growing public opposition to fossil fuel energy project and possibly CCS. Some developing countries like the Philippines already show very high electricity tariff. The introduction of the carbon reduction commitment energy efficiency scheme ( CRC ) will place an added financial burden on our use of energy. UW-Extension Sustainability Team’s website section on Energy & Climate Change.

A confluence of industry drivers is creating new interest in electric energy storage systems. CCS is not easy to sell in this region, because renewable energy such as geothermal and hydropower has the potential to serve the significant portion of base load power. This, coupled with our investment in producing more of our own energy from renewable sources, should contribute towards keeping our emissions and energy costs under control. Our short-term target is based on predictions by the Department for Energy and Climate Change ( DECC ) for the reduction in the carbon intensity of UK electricity

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