Power Economics and Emissions Ask audience what they think it is Madelyn- “if you cant see me then I’m invisible” story tieing into how we don’t see most of the process of transporting electricity in every day life, but that does not make it any less important Sean Lee and Madelyn Fahhoum

What is Power Economics? -The study of the costs and efficiencies of transporting electricity from conductors to consumers Basically, power econ is the financial side electrical engineering

What Do Power Economists Do? Specialize in making sure that the energy sources are not overloaded Work to maximize output of energy without increasing emissions Try to use combinations of energy sources to lower costs Work to prevent outages http://tcipg.org/applet-eco (go to website and direct audience to notice the costs and emissions labled. Explain chart. Then turn one of the external power sources off. Notice how cost of other external system goes up and wait for outage. http://tcipg.org/applet-eco

Power Economics and Power in the Home: What’s Different? Macro vs Micro Balance between power sources Number of power sources Cost

Solar 2005- .02% of total power 2013- .54% of total power Last 25-40 years Home use efficiency: 11-15% One time installment fee Output 100-320 watts Cost about $10,000 per kilowatt capacity in a solar power system

Wind Wind energy can be sold at 5-6 cents per kilowatt hour (just around the national grid average of 5 cents per kilowatt hour) New onshore wind turbine plants placed in 2018 with a life expectancy of 30 years will initially cost around $90 per megawatt hour (9 cents per kilowatt hour)

Hydroelectric By far the cheapest of the renewable energy sources in the United States In the Pacific Northwest, cost is about 4 cents per kilowatt hour (three times cheaper than national average) Most of the cost involved comes from building the dams

Nuclear Average cost is about 1.65 cents per kilowatt hour Main disadvantages are high initial costs (construction of plant) and safety concerns

What can we do? Invest in new, efficient appliances Be conscious of energy consumption Turn your electronics off when they are not being used Spread the word about the advantages of green power What can we do to help the grid?

Works Cited http://www.environmentmagazine.org/Archives/Back%20Issues/November-December%202010/not-co2- emission-full.html http://claimsmate.com/blog/insurance-claims-getting-money/ http://www.gobankingrates.com/savings-account/how-to-save-electricity-even-get-paid/ http://www.clker.com/clipart-cartoon-sun.html http://garciamedialife.files.wordpress.com/2013/04/beard-uncle-sam.jpeg http://www.agricorner.com/german-firm-to-set-up-first-solar-panel-plant-in-pakista http://tcipg.org/applet-eco http://en.wikipedia.org/wiki/Solar_power http://www.ibuzzle.com/articles/average-solar-panel-efficiency.html solarenergy-usa.com ndrc.org awea.org theenergycollective.com hydro.org zebu.uoregon.edu world-nuclear.org nei.org wikipedia.org

Thank you! Questions?