Tag: Energy Transition
-
Cornerstone Course – Day 2: Energy Transition II
Policy and Politics: Goals of public policy related to energy follow a balance between environmental impact, cost and supply security called the triple bottom line of energy policy. However, a fourth factor – industry competitiveness – is a strong factor. The Paris agreement was largely driven by the last from a energy perspective. Environmental impact…
-
Cornerstone Course – Day 2: Energy Transition I
What is energy? A state of excitation of matter. At the highest excitation level it changes to waves. But this is too abstract for our use. Thermodynamics is about the transfer of energy. Energy cascades down to lower to lower level which in turns entropy (e.g. disorder rather than chaos). Fundamentally it is about how…