Demand And Supply Of Energy : 687704

Question:

OBJECTIVE:           The objective of the research paper is to provide students with the opportunity to undertake a critical review and analysis of a theoretical, policy or general economic issue of personal interest.

 

To ensure a robust analysis, the subject chosen must be both controversial in the economic academic and/or policy literature and easily researched.  The instructor will provide a list of suggested topics from which an interesting problem should be defined and a relevant thesis/argument identified.    However, students are free to choose a topic of their own, in consultation with the instructor.

 

The paper will present a clear research question, a strong thesis statement (argument), claims/reasons, evidence, the differing points of view in the literature and a strong, supportable conclusion.

EVALUATION:       A two page outline briefly describing the research question, the thesis statement, at least two and preferably three claims/reasons to support the thesis, proposed evidence, and the debatable points of view is due on February 28, 2018 by 19:00.  Please email it to me through UR Courses.  In addition, a one page proposed bibliography must be attached which must cite scholarly works (at least three) and the proposed source of data.

The outline is worth 5% of the total course mark.

On March 14, 2018, the first draft of the paper is due by 11:59 am to me on URCourses (First Draft).  The first draft will represent a significant expansion of the concepts and ideas identified in the outline.  It will respond to any suggestions provided by the instructor or others.  It is acknowledged that it is a draft and as such may have some (but not many) holes to fill.  It will follow the prescribed format for the final paper.

The first draft is worth 10% of the total course mark.

The research paper is worth 35% of the total course mark.  It is due on April 13 by 17:00 to me via URCourses (Final Draft).

Please note that I will not accept late papers. The time shown on URCourses will be the official time and date.

The first draft and the final paper will be evaluated relative to the following:

• It will be interesting, persuasive and exciting to read
• It will use plain language and be clear, coherent, and pithy
• It will be well organized and the mechanics will be superior
• It will be well researched and will reflect strong analysis
• It will be wonderful

It must be an original paper – it cannot be a paper previously written for this course or any other course at any educational institution.  It cannot be a paper previously written for any public or private sector institution (e.g. government or corporate).

PRESENTATION:   Presentation of the material does make a difference.  Papers must be typed (Times New Roman 12) and single spaced. It will be submitted at the prescribed time.  The maximum acceptable length is seven (7) pages, not including the title page, abstract, bibliography, and appendices.  Appendices are permitted up to a total of two (2) additional pages.

 

The use of tables, charts, diagrams, and graphs is strongly encouraged but not be of the cut and paste variety!

 

FORMAT:                 The research paper must conform to the following format:

 

• Title Page
• Abstract
• Introduction
• Background
• Analysis/Alternatives
• Conclusion
• References
• Appendices

 

Variations from this format are acceptable only when it helps to clarify and summarize the material.

 

TOPICS:                    To assist students in choosing a suitable topic, a number of suggestions will be provided.

 

Students should consult with the instructor prior to finalizing their outline.  The instructor will help you frame the research question, define the thesis and, hopefully, can provide you with some useful insight and direction.

 

A successful paper requires thought and research.

 

PLAGARISM           Please refer to the Academic calendar for additional details.

Answer:

 

DEMAND AND SUPPLY OF ENERGY

Question: With the increased production of renewable energy, how the demand and match to supply?

Describing Question: There is a need to urgently find a permanent solution to the mismatch between demand and supply. This problem remains a serious one, yet many studies have been silent about it for a long time

Thesis: Whereas the renewables’ growth is assisting in the reduction of carbon emissions and tackling the climate change, balancing the resource availability with the varying degrees of electricity demand remains a bigger challenge.

Claims/Reasons: #1: National Grid is occasionally compelled to pay with generators to decrease their respective output to make sure that supply matches demand.  #2: The compelled National Grid to have an effect of leading to increased bills for the electricity to consumers and hence inefficient strategy. #3: The electricity produced from wind power might be utilized instead of going to waste where demand for electricity might surge in the course of periods of oversupply (Shah, Muhammad and Bilal 40).

Proposed evidence: A recent analysis of the amount of electricity produced in the United Kingdom by Carbon Brief from renewables like solar and wing has confirmed that it is growing every year. This analysis unraveled that solar panels produced extra electricity than coal between April and September 2016. The amount of electricity produced from renewables surged from nineteen percent in 2014 to twenty-five percent in 2015 for the first time ever.

Debatable: One way of achieving a matched demand-supply is via demand-side response whereby the users alter the amount of electricity used occasionally. Nevertheless, some argue that this approach comes with costs since not only huge electricity consumers can assist manage variable production from renewables (Chen 54).

Works Cited

Chen, Jinhang. “An Empirical Study on China’s Energy Supply-and-Demand Model Considering Carbon Emission Peak Constraints in 2030.” Engineering 3.4 (2017): 512-517.

Shah, Syed Atif Rafiq, Muhammad Mubassir Saleem, and Bilal Khan. “The cost for economic growth: A study on the energy demand of Pakistan using TIMES.” Power Generation System and Renewable Energy Technologies (PGSRET), 2015. IEEE, 2015.

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