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Energy Produces the Quality of Life Improving the "standard of living" and "quality of life" are the unofficial goals of every nation.
In our modern world energy is the most important tool.
Energy makes mobility and comfort possible for everyone in every region.
Energy is the critical resource that provides potable water essential for health.
Energy is delivered to homes and businesses in two principal methods: electricity and natural gas, although some regions rely solely on electricity.
Electricity is therefore the most important energy source.
To achieve better quality of life, energy must be widely available, reliable, and affordable.
There are many misconceptions about energy production and costs.
Energy Economics - Alternate and Conventional A common misconception regarding energy is that each type of energy generation is completely independent of other types. In reality, there are only three base sources of energy that in turn trickle down to the remainder of energy types.
Nuclear fusion energy from the Sun - produces solar, wind, waves, rain-hydro.
Nuclear fission inside the earth - produces geothermal
Gravitational energy from sun and moon produce internal heating and tidal (relatively minor compared to 1 and 2 above).
The following 1-page document illustrates the sources that create energy and how that trickles down to generate secondary and lesser energy types.
Proponents of each type of commercial energy generation promote an approach that uses their own data and more importantly their own assumptions, and many of those assumptions are not listed.
To make a fair comparison, it is important to exclude the many types of added costs and benefits provided so one or more energy sources. Government costs include hidden fees, taxes, and other government costs that are passed through utilities. Government benefits include depletion allowances, accelerated depreciation, and tax credits among many others, make it a challenge to produce a fair comparison.
The following 1-page document summarizes an attempt to achieve a fair analysis.
There are several dozen information sources used to provide raw data for each energy, as well as explanations of terms, factors for sources. There are web links to a few dozen documents such as Dept. of Energy and US Energy Information Agency publications. A listing of many of the main sources used are listed in the document noted in the link below.
