Energy supply is defined as the delivery of fuels or transformed fuels to the point at which it is consumed. It can include extraction, transmission, generation, distribution and the storage of fuels and can also be referred to as energy flow.
Energy supply can be affected by several factors including political or economical disputes, actions taken by cartels that control energy distribution, physical damage to energy infrastructures and more. This can all lead to higher energy prices and even civil unrest. The security of the energy supply is a major concern to national security and energy law which governs the use and taxation of energy.
One may also reflect on how energy is supplied directly to homes and businesses. This is done through the electrical grid, an interconnected network that delivers electricity from producers to consumers. It consists of generating stations that produce electrical power and high voltage transmission lines that carry power from supply sources to demand centers through distribution lines that supply power to individuals.
Energy supply management can also be an important issue for home and businesses. Fluctuations in prices can make it difficult to find the right energy products at the right time. There are increasing efforts to turn to natural resources which will be cheaper to use and cause less damage to the environment. Factors being considered are cost, the lowering of greenhouse gas and other harmful emissions, and what new technologies are available.
To this end, the world is turning to renewable energy sources that reduce the amount of GHG’s emitted during production. These include solar, wind, bioenergy, geothermal, hydropower, and nuclear power and carbon capture storage applied to fossil fuels of biomass. Switching among fossil fuels can also serve to reduce the overall carbon emissions produced.
There are many things to think about when discussing electrical supply. These include how it is acquired and stored and the most efficient methods for conservation. Examining these factors can give us a lot of insight on how energy is best used as well as providing us information that will be valuable for the future.