Tuesday, December 7, 2010

Bios

Alicia is a scientist that studies forms of energy and specializes in natural gas. She is a graduate of Stanford University and joined JKAY Gas to help improve its products. She is trying to find a new and more efficient way to get natural gas from the ground.

Soaphie is a generator designer who has been selected from Columbia University. She has already designed several generators for JKAY Gas and plan to make many more. She currently designing a top-secret generator that may or may not save the world's energy problems.

Elena is a scientist on natural gas with a master degree in the energy source. She graduated from Oxford University and studied natural gas for seven years. In 2003, she was discovered by JKAY Gas and joined with a senior management level. She now works with Alicia to help get better natural gas.

Soap is a half time mathematician and half time scientist who has years of experience and hard work. He is a graduate from Harvard University and passed his final exam for 98%. He now uses his knowledge of math and science to create mathematical formulas of making natural gas. Also, he is in charge of helping with trade as a calculator would.

Team Background

Just last year a new proposal was announced by the Ontario government: Find a resource to power Ontario. JKAY Gas, being one of the largest corporations in Canada took the challenge. We selected the top people for the job: Soaphie, Alicia, Soap, and Elena. Alicia and Elena, being one of our best teams, were selected to find a way to extract natural gas more efficiently. Soap was selected to help them in finding new ways to make natural gas. Soaphie was selected to design more efficient generators and help make us heard. Together they have created our super team to become our provinces’ top energy producer.

Overview

Current Usage
Changes for 2040
Pros of Natural Gas
Cons of Natural Gas
Use of $200B
Usage in Other Areas
Refrences

Current Usage

Currently, natural gas is used in homes for cooking, in cars for gasoline and creating fertilizers, hydrogen, manufacturing glass, fabrics, plastic, paint and other products.

Vision of 2040

By 2040, we predict that natural gas use will be extremely important to produce power. We plan to have huge natural gas generators in the current power line fields helping save space. We will employ many people to help extract the gas and maintain the equipment. Our workers will be paid high wages and we will have insurance for them. Through the years we will expand our drilling and add plants as necessary for the use of electricity. Over time, we will be able to use technology to reduce the work force. Our goal is by 2040 we have the most efficient generators that produce approximately 390 kilowatt hours using 1 mmbtu of natural gas. That would mean efficiency would go up by about 100%. When we initialize these plans we hope to create more efficient energy.

Pros of Natural Gas

Pros:
•Natural Gas burns more a cleaner that fossil fuel.
•Less carbon dioxide emitted than coal
•It is easy to transport through land or sea to your home through pipelines. If you don’t have pipes you can be supplied with small tanks of natural gas.
•At home you can use it for heating, cooking, hot water, clothes drier and much, much more
•Fuel for the vehicles (cars, trucks and jets too!) It is cleaner than gasoline.
•It is also used to make hydrogen, sometimes even plastic and paint
•Fairly easy to distribute
•There is a lot now
•It can be shipped to your home under grounds as well
•Faster and cheaper than electricity to use
•It does not pollute groundwater if it gets burned
•Can be made from lots of wastes
•Less chances to explode

Cons of Natural Gas

Cons:
•Even though it is clean, it contributes a large amount of carbon dioxide to greenhouse gas
•Natural gas is very dangerous(if it leaks it might explode)
•If your house is insulated cheaply it can be very expensive.
•Limited resource.
•Non-renewable.

Targets with $200B

Currently costs $4.34 per MMBTU. BTU is British Thermal Unit so MBTU is one thousand BTUs so MMBTU would be 1000 MBTUs or 1000000 BTUs. So it's pretty cheap to buy. But BTU is a very small amount of electricity. We could use $5B for buying natural gas. It costs about $2B for a 6 Megawatt generator, therefore we could use $20B for a 60 Megawatt Generator. That leaves us with $175B. We could use $25B to get workers to get natural gas for us. We could have billions of workers and pay them a very high salary so they will keep working and ensure every square metre of Canada is rid of it's natural gas. That leaves us with $150B. We could use $140B to create natural gas power plants all over Canada. We could use $5B to educate the public on how to use natural gas properly. That leaves us with $5B that we'll give to the government, and they'll work on natural gas from there. The extra money we will use to promote natural gas in other countries.

Uses and Produce In Other Areas

Mostly produced in: Canada, U.S., Norway, U.K., Algeria, Netherlands, Russia, South Arabia, Azerbaijan, Malaysia. United States, Canada and Russia are leaders in use of natural gas. We will use any extra money to promote natural gas in other countries.

Monday, December 6, 2010

Refrences

Book: Scotia Capital Training On Energy Trading Day 2
Book: Atlas of the World Third Edition

URL: eftrends.com
URL: mapsofworld.com
URL: wiki.answers.com
URL: keyframe5.com
URL: brighthub.com
URL: en.wikipedia.org
URL: naturalgas.org