Content | Graphs

Electricity is to modern civilization what blood is to the human body. Understanding how electricity works is more critical than ever as its importance grows with the increasing electrification of transport, industry, and heating.

Dr. Lars Schernikau and Prof. William H. Smith have created a comprehensive overview of how the global energy economy works with a focus on electricity.

LIST of GRAPHS/FIGURES

01

02

03

04

05

06

07

08

09

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

Book Content

01

Electricity and investments– the current situation

02

Variable “renewable” energy and storage
  • Wind and solar
  • Natural capacity factors
  • Transmission, distribution, conditioning and black start
  • Energy storage
  • Hydrogen and how it compares to hydrocarbons
  • Material input and embodied energy
  • Primary energy and heat pumps

03

COST OF ELECTRICITY AND ENERGY RETURNS (EROI)
  • Full cost of electricity FCEO
  • Energy return on energy invested eROI
  • The 2nd Law of Thermodynamics impact on energy systems

04

THE PROJECTED FUTURE OF ENERGY AND “DECARBONIZATION” 
  • Primary energy growth until 2050
  • Energy storages and their impact on price and economic activity
  • Decarbonization and “Net-Zero”

05

THE REALISTIC FUTURE OF ENERGY AND SUSTAINABILITY

06

Executive Summary