Energy101 3.EnergyEconomy

Download as pdf or txt
Download as pdf or txt
You are on page 1of 9

Energy 101

As a society and individually, we use energy every moment of our lives to improve our quality of life. Energy 101 will develop the big picture and connect the details of our energy use, technology, infrastructure, impact, and future.
Dr. Sam Shelton
Associate Professor, Retired Strategic Energy Institute

Strategic Energy Institute

Energy and Economy

Energy Flow in Society


Society Use

Energy Conversion

Natural Energy

Energy Use Linked to Economy

Energy Price tied to Energy Use


Decreased Energy Demand

Decreases Energy Price

Oil Price History


$/Barrel (42 gallons)
2008 Economic Collapse

National Standard Of Living

Developing Countries Improving Standard of Living

Increases Energy Consumption


7

~Stad of Living (GDP per Capita )

10.0

15.0

20.0

25.0

30.0

35.0

40.0

45.0

0.0 0
Bangladesh India Columbia

5.0
China Mexico Poland Spain Greece Switzerland France Netherlands

1 2 3 4 5
Norway

Standard of Living depends on Energy Use

Energy Use per Capita 6 7 8

Saudi Arabia

USA

Energy Flow in Society


Society Use

Energy Conversion

Natural Energy

You might also like