1. 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.

2. 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.

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Chapter 12
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4. Chapter 12 – Learning Objectives
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5. Figure 12-1 Supply and Demand Curves
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6. Figure 12-2 Demand and Price Relationship
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7. Figure 12-3 Elasticity of Demand
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8. Figure 12-4 Cost Curve for a Typical Project
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9. Figure 12-5 Military Cemetery in Washington, D.C. (© Fanchi, 2002)
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10. Figure 12-6 Typical Cash Flow
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11. Table 12-1 Indicators of Economic Performance
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Table 12-2 Life Cycle Costs of an Energy System [Goswami, et al., 2000, page 528]
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Table 12-3 Average Levelized Cost of Electricity Generation [US EIA Levelized Costs, 2015]
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14. Figure 12-7 Comparison of Levelized Cost of Electricity Generation
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15. Figure 12-8 Comparison of Normalized Cost of Electricity Generation
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Figure 12-9 Comparison of Normalized Cost of Electricity Generation using 2009 Data and 2013 Data
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17. Figure 12-10 United States Average Annual Imported Crude Oil Price
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18. Table 12-4 Sensitivity of Oil Recovery Technology to Oil Price
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