EGEE2 - Review Sheet Energy Supply and Demand Gross...

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Review Sheet – Energy Supply and Demand Gross Domestic Product (GDP):the productivity of a country is measured by the total value (dollars) of goods and services produced by its people o GDP per capita: the average value of good and services produced by each person o An indicator of the quality of life Energy Intensity: the relationship between energy consumption and growth in gross domestic product o An important factor that affects changes in energy consumption over time In the industrialized countries, history shows the ling btwn energy consumption and economic growth to be weak In the developing countries, the link btwn energy consumption and economic groth have been more closely correlated o As GDP per person of any country increases the amount of energy that is consumed is also expected to increase For developing nations, the correlation is much stronger than for developed nations Quadrillion Btus = 10 15 Btus o 1,000 trillion o The total primary energy consumption of the world in 2004 was 446.44
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