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1. Fundamentals of Global Energy Business Michael J. Orlando University of Colorado - Denver week 1: Demand for Energy video 3: Innovation transforms.

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Presentation on theme: "1. Fundamentals of Global Energy Business Michael J. Orlando University of Colorado - Denver week 1: Demand for Energy video 3: Innovation transforms."— Presentation transcript:

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2 Fundamentals of Global Energy Business Michael J. Orlando University of Colorado - Denver week 1: Demand for Energy video 3: Innovation transforms energy demand

3 3 Global Energy Management Program---- Business School. The evolving demand for energy Innovation changes the nature of energy demand Pre-history: food calories + body => manual labor Traditional (e.g.): flowing water + wheel => milling Modern (e.g.): combustion + turbine => electricity

4 4 Global Energy Management Program---- Business School. technologies doing work water wheel windmill internal combustion engine steam engine gas burner

5 5 Global Energy Management Program---- Business School. Examples of work done using various technologies technologymechanical workthermal workelectrical work human bodyhunt, gather campfirecooking, heating draft animalplowing fields gas burnercooking, heatingvia gas-fired turbine water wheelmilling operationsvia hydro electric windmilllift for water wellvia wind turbine steam enginetransportationvia steam turbine internal combustion engine transportationvia small-scale generators

6 6 Global Energy Management Program---- Business School.


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