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ENERGY SOURCES - Coggle Diagram
ENERGY SOURCES
economic factors
- if there is hi demand and shory suply the item prises increases
- if a country. has his own fuel supplys the materials are often more cheaply
- some countries have naturally ocurring sources, which is it an advantage for the buisness
- easy accees to certain types of fuel, is a big advantage for the buisness
- the cost of investing in technology
social factors
- the developing new technologys might be a great benefit to the community
- some factors might disatvantage for those working in a sector that then starts to decline, less job posibilities.
- the increse in local industry might rise the job oportunities in the area
environmental factors
- impacts on the enviorment vary region to region - many renewable sources do not produce carbon dioxide, this ones are linked to climate change
- biofuels will produce carbon dioxide when combusted, this helps with the plants growth
- spillage of fuel will cause damage in wild life
- burning fuels produce toxic gases and waste of products
- extraction of under ground fuels can destroy habitats
- renwable sources can cause problems
- nature landscapes can be changed
industrial demands
• Increased energy for efficient manufacturing processes • Reliance on reliable electricity for production
• Higher demand for transporting manufactured goods globally
• Impacted by economic conditions (e.g., reduced manufacturing in poor economies)
• Affected by global supply chain changes (e.g., China’s mid-2000s reduction)
Domestic Demands
- Increased energy needs for efficient manufacturing
- Affordable goods (e.g., TVs, cars, phones) drive demand
- Affordability and keeping up with neighbors
- Higher demand for out-of-season fruits/veggies (greenhouses/air freight)
transport demands
- Efficient production increases global shipping
- Fourfold rise in shipping journeys (past 20 years)
- Significant air transport growth
- High fossil fuel use despite cost savings in manufacturing
climate demands
- More energy for heating/AC in urban areas
- Climate change causes extreme weather
- Increased heating demand in winter
- Varies with weather (higher in colder climates)
economic factors
- Depends on affluence and employment
- Poor economy reduces manufacturing/energy use
- Less goods transport and foreign energy purchases