From analyzing the physical constraints in managing exhaustible and nonrenewable energy resources it follows that decisions concerning how far to convert a given energy resource should be made within an economic framework. The tradeoffs between conversion stages, environmental effects, technical efficiency and uses satisfied by energy resources are then determined. In light of the direct and opportunity costs stemming from increased conversion stages, the intertemporal allocative decisions for exhaustible and nonrenewable energy resources are derived.
Pagoulatos, Angelos, "The Tradeoffs Between Energy Conversion Stages, Environmental Effects, and Technical Efficiency" (1976). UMR-MEC Conference on Energy. 114.
3rd Annual UMR-MEC Conference on Energy (1976: Oct. 12-14, Rolla, MO)
Article - Conference proceedings
Wind and Solar Energy I
© 1977 University of Missouri--Rolla, All rights reserved.
12 Oct 1976