INSTRUCTOR © 2017, John R. Fanchi

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Presentation transcript:

INSTRUCTOR © 2017, John R. Fanchi All rights reserved. No part of this manual may be reproduced in any form without the express written permission of the author. © 2004 John R. Fanchi All rights reserved. Do not copy or distribute.

To the Instructor The set of files here are designed to help you prepare lectures for your own course using the text Energy in the 21st Century, 4th Edition, J.R. Fanchi and C.J. Fanchi (World Scientific, 2017) You will need to supplement the files to complete the presentation topics.

© 2016 Fanchi Enterprises. All right reserved. Chapter 12 © 2016 Fanchi Enterprises. All right reserved.

Chapter 12 – Learning Objectives © 2016 Fanchi Enterprises. All right reserved.

Figure 12-1 Supply and Demand Curves © 2016 Fanchi Enterprises. All right reserved.

Figure 12-2 Demand and Price Relationship © 2016 Fanchi Enterprises. All right reserved.

Figure 12-3 Elasticity of Demand © 2016 Fanchi Enterprises. All right reserved.

Figure 12-4 Cost Curve for a Typical Project © 2016 Fanchi Enterprises. All right reserved.

Figure 12-5 Military Cemetery in Washington, D.C. (© Fanchi, 2002) © 2016 Fanchi Enterprises. All right reserved.

Figure 12-6 Typical Cash Flow © 2016 Fanchi Enterprises. All right reserved.

Table 12-1 Indicators of Economic Performance © 2016 Fanchi Enterprises. All right reserved.

© 2016 Fanchi Enterprises. All right reserved. Table 12-2 Life Cycle Costs of an Energy System [Goswami, et al., 2000, page 528] © 2016 Fanchi Enterprises. All right reserved.

© 2016 Fanchi Enterprises. All right reserved. Table 12-3 Average Levelized Cost of Electricity Generation [US EIA Levelized Costs, 2015] © 2016 Fanchi Enterprises. All right reserved.

Figure 12-7 Comparison of Levelized Cost of Electricity Generation © 2016 Fanchi Enterprises. All right reserved.

Figure 12-8 Comparison of Normalized Cost of Electricity Generation © 2016 Fanchi Enterprises. All right reserved.

© 2016 Fanchi Enterprises. All right reserved. Figure 12-9 Comparison of Normalized Cost of Electricity Generation using 2009 Data and 2013 Data © 2016 Fanchi Enterprises. All right reserved.

Figure 12-10 United States Average Annual Imported Crude Oil Price © 2016 Fanchi Enterprises. All right reserved.

Table 12-4 Sensitivity of Oil Recovery Technology to Oil Price © 2016 Fanchi Enterprises. All right reserved.