November 30, 2023
Source: IEA (2021)
We need to know what we are talking about!
Energy:
- IEA (OECD)
- EIA
- UN
- WB
- BP Statistical Review of World Energy
Climate:
- NASA
- NCAR
- EUCCI
- UNEP
- NOAA
Carbon:
- CDIAC (Carbon Dioxide Information Analysis Center)
- EDGAR (emissions database for global atmospheric research system)
- Carbon Budget Project
- Carbon Monitor
Source: Macknick (2011)
Source: Chapter 3 of the Fourth National Climate Assessment (NCA4)
\(F=P \times \frac{G}{P} \times \frac{E}{G} \times \frac{F}{E}\)
Where:
And:
Source: Kaya and Yokobori (1997), Kaya Identity: drivers of CO₂ emissions in the World
Source: IPCC, WG2
Source: IIASA, Energy Primier
NPV, discounting, LCOE, learning rate
Project economics is useful for basic cost-benefit analysis
Getting the price (discounting) right
Understanding technology dynamics will help to model future projections
Aware of the limitations
Brayton Cycle | Rankine Cycle |
---|---|
Jet, Gas turbine | Steam turbine |
Open | Open/closed circuits |
Working fluid in gaseous phase | Working fluid phase change |
Read more: Wikipedia Brayton cycle and Rankine cycle
Results:
3 TWh/year
3 MtCO2/year
NYC electricity use: ~4 TWh/year
Source: Koomey et al. (2010)
\(P=\frac{1}{2}\rho \pi r^2 v^3\)
Where,
\(\rho\) = Air Density (\(kg/m^3\))
\(A\) = Swept Area (m2) = \(\pi r^2\)
\(v\) = Wind Speed (m/s)
\(P\) = Power (W)
Photo by Gang He, Block Island Offshore Wind Farm
Nuclear fission
Nuclear fussion
Read more: EIA, Nuclear explained; DOE, Nuclear fusion reactions
Hydropower
Pumped storage hydropower (PSH)
Source: TVA
Social cost of carbon