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Energy in Science and Engineering

Peter Zweifel, Aaron Praktiknjo and Georg Erdmann
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Aaron Praktiknjo: RWTH Aachen University
Georg Erdmann: Berlin University of Technology

Chapter 2 in Energy Economics, 2017, pp 15-35 from Springer

Abstract: Abstract Energy markets cannot be analyzed without discussing the relationship between energy and the natural sciences. Energy itself is a term with origins in physics. All types of energy conversion are based on physical, chemical, or biological processes. Professional statements regarding energy economics require an appropriate usage and correct interpretation of basic thermodynamic principles and properties. The relationship between energy, the natural sciences, and engineering gives rise to several issues: What is the role of energy in physics, chemistry, and biology? How can different forms of energy be measured and how can they be converted? What information is contained in an economy’s energy balance? What is the relationship between primary, final, and useful energy? How does the energy balance relate to an economy’s national accounts? Why does a comprehensive measurement of a country’s energy requirements call for input-output analysis?

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-662-53022-1_2

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DOI: 10.1007/978-3-662-53022-1_2

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