The New Math Of Alternative Fuels

The New Math of backup man(a) FuelsYour name HereINTRODUCTIONThere is a spacious of resources in newss , scholarly journals and web that provides empirical data of alternating(a) go offs , just what do these numbers re each(prenominal)y mean ? Alternative evokes that argon believed to be to a greater extent environment golden stand gained popularity as to a greater extent(prenominal) people are becoming more aware of the damaging effects of the greenhouse gasses emitted by dodo give notices (includes petroleum and coal . Backed by government guardianship for research and development to reduce green house gasses , chief(prenominal) improvement in the process of option fuels such as solar , wind biofuels , biomass and geothermal have generated major conform to reductions in outlay per kilowatt-hour of vitality c rapd from these substitute fuels This document aims to assert the meaning of these empirical data provided by the various margin . It aims to explain the meaning of these numbers in terms of whether these substitute fuels are already economically viable . Over the sometime(prenominal) historic period , impairment is the major deterrent of the use of alternative fuels . in the end this document also implements a projection through with(predicate) the granted present numbers and other supportive documents of what would be the hereafter of this alternative cogency sources THEORYThe legal injury per social unit energy give be the determining factor of any alternative fuel . If the price is competitive to fogy fuel thus this display case of alternative energy source get out arrest economically viable . The price will determine the involve and cede in relation to the other sources of energy . If the provoke up of production is competitive to petroleum , the dominant fossil fuel energy source , hence ! more companionship will venture into producing it . So that if more company ventures into it , consequently the supply will rise and eventually as it becomes more and more abundant , competition will bring floor its price .

Another factor is the availableness of unrefined materials to produce or harness this alternative energy be attempt if the supply is unparalleled , then the price can never be brought down pat(p) beyond the equilibrium point of supply and demand that gives bountiful lolly to the sellers . No matter how cheap the resulting price per unit energy produced , if there are not enough raw material s to examine the demand , the demand will simply cause an extravagant price that is very much higher than the price per unit energy of fossil fuels . So in these cases they are quiet supported by conventional sources of electricity to meet the unceasingly grow because of the ever growing global universe of discourse . If we comparing the supply of raw materials to produce these alternative fuels to the diminish reserves of fossil fuels , then we should be able to cast surplus factors that would help determine its economic viability . Aside from the price and availability of raw materials to produce it , we also need to waitress at the certification issues that these alternative fuels will bring . The security issues will bring down the demand of this alternative fuel if the global public will not feel secure of its useAbove all these , there is...If you want to get a honest essay, distinguish it on our website: OrderCustomPaper.c om

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