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Privacy Information and Disclaimer ii) Non conventional sources of energy :- are solar energy, wind energy, biomass energy, ocean energy (tidal . They have been written by the Principal Economics Tutor, Mr. Edmund Quek, for everyone who can benefit from them.The explanations of economic theories and concepts in the lecture notes are kept concise by design so that they can be produced by students . Ask what would be included in LCOE calculation. montana state university, Section 2: Basic Energy Economics Analysis - . U.S. Read Article. Classroom : LIV RC-2. Guell, Chapter 1. Principles of Energy Conversion - Michigan Technological University Drake, Elisabeth. Prof. Maggie Winslow. land, water, labor), Toolbox 3: Energy conversion, transmission, and storage, - Matching supply and demand to minimize losses, - Energy chains and connected efficiencies, - Transmission of fossil fuels and electricity, Toolbox 4: Systems analysis methodologies, - Scoping analysis; simulation models; economic models; life cycle analysis; systems dynamic models; decision models, Toolbox 5: Energy supply, demand, and storage planning, - Matching energy density of supply and demand, - Temporal and geographical distributions, - Energy transmission and distribution (pipelines, tankers, rail, power lines), - Role of energy storage; intermittency; influences of pricing during demand peaks and valleys, The electric power system and requirements for success, New Challenges and Opportunities for the Electric Grid., Historical factor and prospects for change in the electric power grid, Toolbox 7: Economic feasibility assessment methods, - Engineering, capital, and investment costs, Toolbox 8: Thermodynamics and efficiency calculations, International Climate Change Policy: From Copenhagen to Cancn, and Beyond., - Fuel conversion, power cycles, combined cycles, The Dominant Piece of the Energy System: Fossil Fuels., - Fossil fuel switching (synfuels, LNG, carbon sequestration), Transport Issues and the Environment in Latin America., - Technical, environmental, societal, and economic issues, Automotive Technologies and Fuel Economy Policy. 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