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Energy Mix
The energy mix is a group of different primary energy, primary energy sources from which secondary energy for direct use - such as electricity - is produced. Energy mix refers to all direct uses of energy, such as transportation and housing, and should not be confused with power generation mix, which refers only to generation of electricity, as electricity only accounts for 20 % of the world's final energy consumption. Energy Mixes World Overall primary energy consumption in the United States in 2015 relied most on petroleum (), natural gas () and coal (). Renewables contributed and nuclear power . In the same year, about 4 million GWh of electricity were generated in the United States, 67% of which was generated from fossil fuels (coal, natural gas, and <1% petroleum), 20% from nuclear power, 6% hydropower and 7% other renewables.
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World Energy Mix
The world is the totality of entities, the whole of reality, or everything that exists. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique, while others talk of a "plurality of worlds". Some treat the world as one simple object, while others analyze the world as a complex made up of parts. In scientific cosmology, the world or universe is commonly defined as "the totality of all space and time; all that is, has been, and will be". Theories of modality talk of possible worlds as complete and consistent ways how things could have been. Phenomenology, starting from the horizon of co-given objects present in the periphery of every experience, defines the world as the biggest horizon, or the "horizon of all horizons". In philosophy of mind, the world is contrasted with the mind as that which is represented by the mind. Theology conceptualizes the world in relation to God, for example, as God's creation, ...
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Global Energy Consumption
World energy supply and consumption refers to the global supply of World energy resources, energy resources and its Energy consumption, consumption. The system of global energy supply consists of the energy development, Refineries, refinement, and trade of energy. Energy supplies may exist in various forms such as ''raw resources'' or ''more processed and refined'' forms of energy. The raw energy resources include for example coal, Oil and gas, unprocessed oil and gas, uranium. In comparison, the refined forms of energy include for example Oil refinery, refined oil that becomes fuels, fuel and Electric energy consumption, electricity. Energy resources may be used in various different ways, depending on the specific resource (e.g. coal), and intended end use (industrial, residential, etc.). Energy production and consumption play a significant role in the economy, global economy. It is needed in industry and global transportation. The total energy supply chain, from production to fi ...
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Energy Sources
Energy development is the field of activities focused on obtaining sources of energy from Natural resource, natural resources. These activities include the production of Renewable energy, renewable, nuclear power, nuclear, and fossil fuel derived sources of energy, and for the Waste heat, recovery and reuse of energy that would otherwise be wasted. Energy conservation and Efficient energy use, efficiency measures reduce the demand for energy development, and can have benefits to society with improvements to environmental issues. Societies use energy for transportation, manufacturing, Lighting, illumination, heating and air conditioning, and communication, for industrial, commercial, agricultural and domestic purposes. Energy resources may be classified as primary resources, where the resource can be used in substantially its original form, or as secondary resources, where the energy source must be converted into a more conveniently usable form. Non-renewable resources are signif ...
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Energy Development
Energy development is the field of activities focused on obtaining sources of energy from natural resources. These activities include the production of renewable, nuclear, and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted. Energy conservation and efficiency measures reduce the demand for energy development, and can have benefits to society with improvements to environmental issues. Societies use energy for transportation, manufacturing, illumination, heating and air conditioning, and communication, for industrial, commercial, agricultural and domestic purposes. Energy resources may be classified as primary resources, where the resource can be used in substantially its original form, or as secondary resources, where the energy source must be converted into a more conveniently usable form. Non-renewable resources are significantly depleted by human use, whereas renewable resources are produced by ongoing proces ...
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Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the Work (physics), work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing w ...
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Malinvestment
In Austrian business cycle theory, malinvestments are badly allocated business investments resulting from artificially low interest rates for borrowing and an unsustainable increase in money supply. Central banks are often blamed for causing malinvestments, such as the dot-com bubble and the United States housing bubble. Austrian economists such as F. A. Hayek advocate the idea that malinvestment occurs due to the combination of fractional reserve banking and artificially low interest rates sending out misleading relative price signals which eventually necessitate a corrective contractiona boom followed by a bust. Larry J. Sechrest"Explaining Malinvestment and Overinvestment"(pdf), October 2005, referenced 2010-07-01. In the Austrian business cycle theory and all its different frameworks, the actual definition of malinvestment is the same: an investment with high potential that loses value. A malinvestment only occurs if the loss in value is due to increased interest rates. The c ...
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Nuclear Decommissioning
Nuclear decommissioning is the process leading to the irreversible complete or partial closure of a nuclear facility, usually a nuclear reactor, with the ultimate aim at termination of the operating licence. The process usually runs according to a ''decommissioning plan'', including the whole or partial dismantling and decontamination of the facility, ideally resulting in restoration of the environment up to greenfield status. The decommissioning plan is fulfilled when the approved end state of the facility has been reached. The process typically takes about 15 to 30 years, or many decades more when an interim ''safe storage'' period is applied for radioactive decay. Radioactive waste that remains after the decommissioning is either moved to an on-site storage facility where it is still under control of the owner, or moved to a dry cask storage or disposal facility at another location. The final disposal of nuclear waste from past and future decommissioning is a growing still un ...
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Robert Habeck
Robert Habeck (; born 2 September 1969) is a German politician (Alliance 90/The Greens) and writer who served as Vice Chancellor of Germany, Federal Minister for Economic Affairs and Climate Action in the cabinet of Chancellor Olaf Scholz and as a Member of the German Bundestag for Flensburg – Schleswig from 2021 to 2025. From 2018 to 2022, he also served as co-leader of Alliance 90/The Greens, alongside Annalena Baerbock. For the 2021 German federal election, he was a member of the leading duo, alongside Baerbock, who ran for chancellor of Germany. In 2009, Habeck was voted into the state parliament of Schleswig-Holstein as a deputy of The Greens and became group chairman. In both early elections in 2012 and at the federal elections in 2017 he ran as the top candidate of his party. From 2012 to 2018 he held office as deputy minister-president and minister for energy revolution, agriculture, environment, and nature (since 2017 for digitisation as well) for the cabi ...
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Economic Sanctions
Economic sanctions or embargoes are Commerce, commercial and Finance, financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of Coercion (international relations), coercion that attempts to get an actor to change its behavior through disruption in economic exchange. Sanctions can be intended to Compellence, compel (an attempt to change an actor's behavior) or Deterrence theory, deter (an attempt to stop an actor from certain actions).Haidar, J.I., 2017Sanctions and Exports Deflection: Evidence from Iran" Economic Policy (Oxford University Press), April 2017, Vol. 32(90), pp. 319–355. Sanctions can target an entire country or they can be more narrowly targeted at individuals or groups; this latter form of sanctions are sometimes called "smart sanctions". Prominent forms of economic sanctions include trade barriers, Asset freezing, asset freezes, travel bans, arms embargoes, and restrictions on financial transac ...
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Russian Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ...
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Energy Policy
Energy policies are the government's strategies and decisions regarding the Energy production, production, Energy distribution, distribution, and World energy supply and consumption, consumption of energy within a specific jurisdiction. Energy is essential for the functioning of modern economies because they require energy for many sectors, such as industry, transport, agriculture, housing. The main components of energy policy include legislation, international treaties, Energy subsidy, energy subsidies and other public policy techniques. The energy sector emits more greenhouse gas worldwide than any other sector. Therefore, energy policies are closely related to climate policies. These decisions affect how high the greenhouse gas emissions by that country are. Purposes Access to energy is critical for basic social needs, such as lighting, heating, cooking, and healthcare. Given the importance of energy, the price of energy has a direct effect on jobs, economic productivi ...
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Economic Diversification
Economic diversity or economic diversification refers to variations in the economic status or the use of a broad range of economic activities in a region or country. Diversification is used as a strategy to encourage positive economic growth and development. Research shows that more diversified economies are associated with higher levels of gross domestic product. Economic Diversification types # Non-connected diversification – creating a new area. The process is slow, because it is needed to create a whole infrastructure, but the profit would be higher. # Connected diversification is based on an economical mechanism for expanding the available potential. For business development it means low risks and good margin. # Combined diversification – more frequently both methods are used together. Diversification examples in countries Good examples of national economy diversification are Chile, Malaysia and Brazil. See also *Diversification (marketing strategy) * Commodity dependen ...
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