Question

In: Economics

What are the major factors that are changing the energy industry? Describe changes in the domestic...

What are the major factors that are changing the energy industry?

  • Describe changes in the domestic supply of oil in the USA.
  • Identify the new sources of oil and gas and the costs of extraction of these resources.
  • Discuss the environmental impacts of new sources of oil and natural gas.
  • Identify what is the "shale revolution".
  • Identify what factors will likely determine the future of nuclear energy.
  • Discuss perspectives of alternative to oil and gas sources of energy.

Solutions

Expert Solution

answer 1.

When countries wants to become leading global economic power which will fuel energy need to provide in infrastructur, providing of basic necessity is developing human skill employment generation and manufacturing abilities they need energy. Following are the major factor that are changing the energy industry

Weather forecast, generation changes, global market ,import and export ,government regulation, financial service, demand and supply of the energy always impacting on energy sector of any country or world. As one of the fastest growing energy consulting from in the country e and the premier energy e procurement specialist in the mid Atlantic region country is track the market daily analysing trends and using that information for benefit of their clients.

Why swimming Limo localised generation changes can have a broad effect on the energy market. As we know in nuclear energy retirement of older plants as they require relicensing can cause fluctuations. Call plant conversion to natural gas to avoid scrubbing technology cost can also cause fluctuation in energy demand and supply. Transportation of energy across the US there are saver constituents in gas pipeline and electrical transmission capacity which state time and investment to reserve with the difficult of transportation prices rising.

global oil and Gas price determining relative profit suppliers can make Salem fuels domestically overseas is all energy prices are connected to some degree.like most about trade commodities energy price can be affected significantly by financial speculation. Which is the least France current factor of all if a market doesn't seems to be follow the the direction indicated by supply of demand related factors the cause is almost always financial speculation which is largely invisible and causes unexpected moments.


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