Supply and Demand and Energy Prices
The quantity of energy supplied is the flow of energy brought onto the market, and the quantity of energy demanded is the amount of energy purchased for a particular period of time. Quantity can be measured in terms of the number of kilowatt hours produced by an electric generator in a day, the number of barrels of oil or cubic feet of gas brought to the market in a month, or the number of tons of coal produced and sold in a year. Primary energy takes the form of fossil fuels orelectricity from primary, sources including hydro, nuclear, solar, geothermal, and biomass, while secondary energy is electricity generated from fossil fuels.
Data Sources
Data on the quantity of energy supplied, called energy production, are available from a variety of government, trade association, and international sources. Some of the better sources include the U.S. Energy Information Administration, the American Petroleum Institute, the International Energy Agency, and the United Nations. Secondary energy quantity is reported as net or gross. Net energy is the amount of energy produced and gross is the amount of primary energy required to produce it.
Quantities of energy demanded and supplied are reported in a bewildering variety of ways.
This page contains 201 words.
Supply and Demand and Energy Prices article
Read the rest of this article.
This article contains 3,370 words
(approx. 11 pages at 300 words per page).
Order our Energy demand management Article
