Question

In: Economics

Energy demand management is a relatively recent phenomenon. What are the principal driving forces of energy...

Energy demand management is a relatively recent phenomenon.

  1. What are the principal driving forces of energy demand management? Explain.
  2. “Saving a unit of energy consumption saves lot more energy in nature” Do you agree or disagree with this proposition? Illustrate your argument using a numerical example.

Solutions

Expert Solution

A) Energy request the board frameworks mean to improve the interest flexibly and upgrade energy age and transmission frameworks. Energy request frameworks are robotized frameworks that impart signs to the clients to shed burden contingent upon frameworks conditions.

Principal : The idea is that by observing the force or load factor of network, just as their own control boundaries, individual, irregular burdens would turn on or off at ideal minutes to adjust the general framework load with age, decreasing basic force bungles.

B) Sparing a unit of energy utilization spares significantly more energy in nature'. I concur with this extent. Everything in general is consolidated by so a wide range of single units. Like the water overall is joined by drops, each molecule known to man is consolidated by so a wide range of and single components. The development of energy resembles the equivalent. Decreasing the utilization of energy by a solitary unit can spare a lot of energy when done consistently. Likewise, sparing a solitary unit of energy by various individuals will help lessening the utilization all in all. We should take a mathematical case of the utilization of energy. A gathering of families comprise of 200 houses utilizes a measure of 5 units of power on a normal. That implies they devour a sum of 1000 units of power. In the event that they begin sparing a unit of power, the utilization will be diminished to 4 units in a normal. Which implies the all out utilization will be decreased to 800 units.

Alongside sparing 800 units of power, they spare the energy to deliver another 200 units of power which is really more prominent than that. In this way, in general, sparing a solitary unit, the decrease will lessen the utilization overall and furthermore the energy to make the sum which is spared. Accordingly, the advantage is twice from sparing a solitary unit by enormous or through many.


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