The dynamics of energy production: a composite index
Journal Title: Future Energy - Year 2022, Vol 1, Issue 2
Abstract
Energy is a sector of production of considerable interest. Today's era is particularly dependent on energy. Both continuous technological upgrading and the increase in living standards require ever-greater energy security. Many countries in the world are formulating their policies in order to secure energy resources. Energy security is one of the most important objectives of any country in the international economic system. All countries are trying to secure energy resources whether they are endowed or through trade. However, the main issue that arises is the production of energy. Energy production has a direct and indirect impact on a country's economy. It is therefore essential to properly investigate those factors that determine energy production. What are those factors determining energy production? There are many factors that can determine energy production. This study will attempt to set an analytical framework that can analyze the factors that determine energy production. The methodology applied is the construction of a composite index (CI).
Authors and Affiliations
Emmanouil Karakostas
Theoretical analysis of the performance and optimization of indirect flat evaporative coolers
External-cooling indirect evaporative coolers with different configurations and working air sources are incomprehensively analyzed and compared so far. This paper investigates the mechanism and theory of operation of ind...
Hydrogen has found its way to become the fuel of the future
The world is searching to find alternatives to fossil fuels. The main criteria for an ideal future fuel are cleanliness, inexhaustibility, and independence from foreign control. Hydrogen fuel has indicated all these char...
Retrieving nuclear power plants by producing hydrogen
In February 2022, the U.S. Department of Energy (DOE) established a $6 billion program to support America’s clean nuclear energy infrastructure. Before that, in the fourth quarter of 2021, the DOE dedicated $20 million i...
Applicability of solar systems with various technologies and sun-tracking: A case study of Baghdad, Iraq
The installation of a photovoltaic system is becoming increasingly attractive to consumers in residential areas due to higher electricity tariff rates and less dependence on local power generators in Iraq. Consequently,...
Impact Of Covid-19 on renewable energy sector and lessons learned: A case study on Malaysia
Coronavirus Disease 2019 (COVID-19) has been destructive in various sectors of Malaysia. In the renewable energy sector, Malaysia thrives in harvesting solar energy, biomass energy, and hydro energy, but despite years of...