november 5th, 2008uofa energy club1 presented by uofa energy club co-presidents: j. ryan saunders...
TRANSCRIPT
November 5th, 2008 UofA Energy Club 1
Presented by UofA Energy Club Co-Presidents:
J. Ryan Saunders & Nathan Miller
Response to:
Energy Cost Escalation/Peak Oil
November 5th, 2008 UofA Energy Club 2
Who we are
• University-based student group
•Our Mission:
“Promote energy awareness in the University community and to
explore solutions that meet society's energy requirements. These
solutions could include new economic, technological and
sociological mechanisms that align global energy demand with our
generation capability.”
University of Alberta
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November 5th, 2008 UofA Energy Club 3
Why we are here
• Reviewed administration's definition of and position on “Peak Oil”
• Peak Oil:
“The point in time when the maximum rate of
global petroleum production is reached”
• Discuss Peak Oil, and it’s influence on municipal operations for the
City of Edmonton.
University of Alberta
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November 5th, 2008 UofA Energy Club 4
November 5th, 2008 UofA Energy Club 5
City of Edmonton Forecasts
• What we liked:
• Consideration of Oil Prices influence on municipal operations
• LEED Silver requirement for new City of Edmonton buildings
• $30 million Energy Management Revolving Fund
• Development of a Sustainable Fleet strategy
• City recognized that an increase in energy prices could erode
the standard of living of some Edmontonians, and that these
price increases could cause a shift to alternative energy
sources.
University of Alberta
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November 5th, 2008 UofA Energy Club 6
City of Edmonton Forecasts
University of Alberta
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November 5th, 2008 UofA Energy Club 7
World Oil Supply vs. Demand (1,000 BPD)
73,000
75,000
77,000
79,000
81,000
83,000
85,000
Supply
Demand
Supply vs. Demand
Source: United States Energy Information Agency www.eia.doe.gov
University of Alberta
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Global Oil Discoveries
University of Alberta
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Source: Association for the Study of Peak Oil www.peakoil.net
November 5th, 2008 UofA Energy Club 9
Oil Consumption per Capita
University of Alberta
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Source: United States Energy Information Agency www.eia.doe.gov
November 5th, 2008 UofA Energy Club 10
Oil Consumption per Capita % Change
Source: United States Energy Information Agency www.eia.doe.gov
November 5th, 2008 UofA Energy Club 11
Brief Review
• Supply of & Demand for oil has been increasing yearly. In 2007
demand outstripped supply.
• Oil production has exceeded global oil discoveries since 1984
•Canada and The United States are the highest per capita energy users
•China and India have drastically increased their demand for energy,
and have the capability to significantly effect global energy markets.
University of Alberta
energyclub
November 5th, 2008 UofA Energy Club 12
Opportunities for Edmonton
• Build-up not out
• Dense commercial and residential development
• Revitalize downtown core
• Development of City Airport
• Embrace sustainable technologies
• Support policy change
• Educate the community on the benefits of these technologies
• Continue capital infusion into public transit
• Energy efficiency retrofits and energy audits
University of Alberta
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University of Alberta
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THANK YOU!!
Energy Club Contact Information:
www.ualberta.ca/~energyua
J. Ryan Saunders: [email protected] Miller: [email protected]