Energy Matrix- Learning Team ‘B' - Week 2 Essay

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University of Phoenix Material Energy Matrix- Learning Team ‘B' - Week 2 Complete the sections of the matrix, as assigned each week, by detailing where these energy sources are found, their estimated reserves, their usage, and any benefits and drawbacks. Availability Reserves Usage Benefits Drawbacks Oil 87 million barrels/day - 2010 Expected to meet world demand for the next 25 years (EIA, 2013) 345 billion barrels (worldwide) 26.5 billion barrels (U.S. strategic preserve, aka domestic emergency supply) ~90 million barrels / day (worldwide) 18.49 million barrels / day (U.S.) Most energy dense source of power. Versatile - can be transported vast distances via train, truck, sea or pipeline. Can be used for domestic grid power, transportation, and powering other consumer devices with motors. Domestic oil boom leading to temporary uptick in employment. Running out of it - estimated 25 year world supply left at forecasted energy demands without a renewable energy infrastructure. Environmentally hazardous from many angles - exploration is destructive to ecosystems, oil spills kill marine life, extraction is hazardous to oil workers, primary contribution to global warming from CO2. Hydrocarbon byproducts such as NOx & SOx have negative health effects and contribute to ozone depletion & acid rain. U.S. dependence on conflict stricken middle east for supply; associated with resource wars. Geothermal Solar Worldwide ability to produce 4522.2 MWp (megawatts, peak) Solar power is one of the most abundant sources of renewable energy on Earth. Solar energy is produced through storage of energy or heat from the sun into batteries Development is taking place to allow larger amounts of energy to be stored and distributed throughout the power grid. Estimated to make up one third of worldwide energy production by 2060 Extremely cost efficient

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