A Report On Energy Industry

In recent years there has been great concern over the growing demand for energy, and the lack of non-renewable energy resources to meet the demand in the future. In addition, the question of “sustainability”—the ability to balance social, economic, and environmental needs in energy production to meet both current and long-term requirements—has come to the fore. It is clear that America must expand energy production quickly, and that we must develop renewable, sustainable energy sources to meet long-term demand and protect our future. There are many proposed solutions, such as wind and solar power. But the technology for these resources is not yet fully developed, making them, at best, low-output alternatives. Because renewable sources are

When buying a car, 76.5% of consumers in United States say that environmental friendliness and carbon footprint have at least a medium amount of influence on them (Figure 1). In 2011, purchasing an electric car or hybrid car became more frequent among consumers. The percentage jumped from 4.1% in 2009 to 8.9%, and is forecasted to be 17.2% in 2013 (Figure 2). The increasing willingness to make green choices is expanding the market of electric vehicles. As the first

This year we have seen more electric and hybrid vehicle startups than ever before.” (Morrison) Nearly everyone recognizes the benefits of the shift, both in terms of how it would help our environment in the long term, but also the economic impact it would have, (reduced gas costs, lower electric and other utilities bills... etc.) But still, many large companies work to impede the progress in favor of maintaining our dependence on fossil fuels. The American Petroleum institute has worked with many oil industry protection companies to stymie the renewable energy movement, even in some cases, “posing as environmentalist groups in order to attract the support of environmentalists while simultaneously pushing their anti-renewable agenda.” (Blankenhorn) Many of these companies striving against renewable energy also support the building of the Keystone pipeline, using the justification that the building of the pipeline would lower gas prices. But what they fail to acknowledge is the basic economic fallacy of this, “Fossil energy prices are not going to fall. The more you remove carbon-based resources from the ground, the more it costs to get more.”

Imagine never being locked out of your disgusting gas-guzzling vehicle in sub-zero temperatures pumping your car full of toxic chemicals and then later emptying your bank account to pay for the environment killer ever again. This reality is near and approaching faster than ever before. Although, it is not completely beneficial. It is evident that at an international level, electric cars are needed. But, this is only one side of the story, despite common belief, electric vehicles are not always good for the environment. It is true that they will benefit bank accounts, however, the only way for electric cars to improve the environment is if they are powered by clean renewable energy.

Fossil fuels are finite resources and once those are used up we need a way to continue living regularly, as our lives are built upon the ability to harness energy and produce electricity. As technology increases, alternative types of energy have become more and more enticing. Renewable energy is a very controversial topic today and has been around since the industrial revolution. Prior to the Revolution, which started in Britain in the late 1700s, manufacturing products was often done through the use of hand tools or basic machines in people’s homes. From the 18th to 19th centuries industrialization marked a shift to powered, specialty machinery, factories and mass production, all of which are used today to help with the processing of renewables.

Although things seem rather dim light for the mountain of problems we’ve been avoiding to handle, others have taken it upon themselves to find a solution by pressing the technological advances on renewable energy and lower its price tag to make it more available to others. Tesla, a car company with a line of cars running solely on electricity. Their first few models ran a very high price tag make it almost impossible for most middle and lower class citizens to join the eco-frontier. The company created a new car with the idea of lower income families in mind pricing it on almost an average with new economic cars. They’ve also pressed the matter of transitioning from fossil fuels to a cleaner form of energies that they’ve released their blue prints of their cars to the public. Renewable energies aren’t being used only in cars, they’re being used on homes to fill all our necessity and luxuries needs of living with the forms such as solar power, water, and wind. Solar panels are being seen more and more on houses to fill homes with electricity. Collecting the heat rays from the sun to convert it to electricity that fills all home needs and can fuel your car. Wind turbines have been set up in open fields to harness the powerful winds to fuel power for cities to event states. Smaller turbines have been set in people’s yards to fuel their

The Energy Sector is one of the most critical infrastructure within the 16 critical infrastructures defined in Presidential Policy Directive 21 because it contains some of the most basic and essential infrastructure in the upkeep of the United States of America. The Energy Sector provides the basic requirement for all of the other 15 critical infrastructures to successfully operate. This does not mean that the Energy Sector is self-reliant. The Energy Sector depends on the United States’ “transportation, information technology, communications, finance, water, and government infrastructures” to successfully maintain and operates itself (U.S. Department of Homeland, n.d.-r).

In this day and age, we have new energy sources that could be used to power our homes and transportation. Wind and solar power are used all over the world, but are still used far less than fossil fuels. Most would say it’s not reliable or it doesn’t make any profit. While both statements are true, it doesn’t mean we can’t make a better future using renewable energy. In fact, the only reason we don’t use renewables for everything is that we don’t want to change. The hard truth is we need to change. Fossil fuels are great right now, but if we run out, humanity must have another source of energy.

AEP SWEPCO serves a vast market in the electric utilities industry. The energy industry, comes with a host of serious risks that need to be managed, and AEP SWEPCO is no exception. The energy industry is difficult, if not impossible to predict. The corporate risk assessment below discusses AEP’s past and present business, as well as identifies risks and strategies on how to mitigate and manage them.

Renewable energy can be more affordable to people in the U.S. There are many possible ways it can be more affordable. For example, a renewable energy such as electricity can power automobiles with a be less expensive cost than to power it on fuel. Since fuel is related with international market, the price on fuel often result to inflation and deflation (Leistikow n. pag.). According to the chart on Gasoline vs. eGallon prices, Dan Leistikow compares, “Fueling your car with gasoline costs roughly 3 times more than fueling with electricity” (n.

The energy sector continues to generate plenty of value. According to EY reporting, regulated energy networks saw their deal value amount to $89.3 billion in 2016, which is almost half of total deal value in the sector. But the big winner was renewable energy. These assets has a deal value of $28.4 billion, with M&A in renewable energy

Our world is changing dramatically. The very technologies that helped propel us into the industrial world are now proving to be a serious danger within the not so distant future. Climate change is occurring all over the world, primarily because of the increased levels of CO2 within the earth's atmosphere that has been slowly but surely heating up temperatures across the globe. The evidence for climate change is apparent, which is then prompting politicians, scientists, and businessmen alike to look into researching and developing new green and eco-friendly technologies to provide the globe with the energy it needs without the added damage to the environment.

I am interested in the scientific, economical and business aspects of the energy industry, as they not only have a big impact on our daily lives, but our future. I know that I would like to be part of this important and growing enterprise in a way that connects science and business. I would l be happy to study either at University, while developing my skills of the other simultaneously.

Among the sixteen critical infrastructures within our country, comes the fact that each and every one of them plays a very important role within keeping our nation up and going. Not only on an economical aspect but also in a safety aspect. Each of the sectors are equally as important as the next. The Dam sector is one of my favorites to talk about because I feel as though it is very much not thought about as a critical part of our infrastructure and I believe that there are many security holes within that particular sector. Today however, I will focus on the energy sector which I also see as not having serious constant talk about the threats that are a reality. When one thinks about the energy sector, many typically think about power lines and how it would cause an issue within a centralized location. This in fact is not all. Our Energy infrastructure actually involves: electricity, oil, and natural gas (Energy Sector).

Much like other sectors, the energy sector is constantly faced with challenges. Companies and governments are constantly looking to sources to provide secure access to guarantee that demand is met. The World population is hovering around the 7 billion mark making the demand for secure access a critical challenge. This requires a long-term balancing solution while satisfying short-term needs. Researchers and other specialists monitor trends in the industry, as well as, rules and regulations set by the governments, partners, and organizations in the focus region in focus so they can be prepared to formulate investment strategies enabling them to capitalize and prosper. The areas of high importance are Africa, Asia, Europe, Latin