Author Description

How new economic development in oil industry The future global economic growth, it will influence personal incomes and GDP rise. They would carry different weight in different countries at different times. Starting from low levels of incomer and economic development. Household consumption will change from being dominated by basic heat to rapidly rising energy use for higher levels of comfort in space heating and cooling ( and large dwellings), and greater use of electrical appliances, finally to a degree of saturation influenced by the income distribution patterns of the country concerned. Income distribution typically changes very slowly, so that the technical market for heart will never be saturated because there will always be a proportion of poor people living in small spaces less comfortably than the average. Industrial energy consumption will be influenced by technical efficiency within each sector, and by changes in the structures of the economy, e.g. changing proportions of agriculture, heavy and light industry, and services. One may eventually see evidence of diminishing marginal returns to additional energy inputs compared to other inputs. Energy consumption in the energy transformation sector may be influenced by income, which drives the demand for electricity to influenced by income, which drives the demand for electricity to grow faster than the demand for heat, but is also subject to the chosen technology of transformation, which is influenced by the cost and availability of primary energy inputs ( fuels) in new economic development environment. IN new economic development environment, it will influences that fuels do not compete in all sectors; for example, the transport sector is dominated by oil. Nuclear and hydroelectric power ( and most renewables) reach the user through electricity; electricity itself competes with the direct burning of fossil fuels. Electricity provides the means by which other fuels can compete with oil and gas in sectors, such