Factors of energy supply-Physical, Economic and Political
- Created by: Abbie Roberts
- Created on: 14-05-13 21:59
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- Factors of energy supply
- Political
- Countries who want to develop Nuclear Energy need permission from the International Atomic Energy Agency.
- Potential HEP schemes on international rivers, require the agreement from other countries.
- International agreements such as the Kyoto Protocol, can have influence of energy decisions.
- Physical
- Deposits of fossil fuels are only found in a limited number of locations.
- Large HEP development requires high precipitations& steep sided valleys with impermeable rock.
- Large power stations require flat land to construct upon, with stable foundations.
- Solar power requires a large number of days a year with strong sunlight.
- Wind power needs higher than average wind speeds annually.
- Tidal power requires a large tidal range.
- Economic
- The most accessible and cheapest deposits of fossil fuels are developed first.
- On-shore deposits of gas or oil are cheaper to develop than those offshore.
- In poor countries, foreign direct investment is required to develop energy resources.
- When energy prices rise significantly, companies increase spending on exploration and development.
- Political
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