ENERGY ON THE OCEANS TOPIC DEBATING AND UNDERSTANDING ENERGY POLICY OVERVIEW • Oil & Natural Gas • Offshore Wind • Ocean Energy • OTEC, Tidal Power, etc. • Methane Hydrates • Additional Offshore Energy OIL AND NATURAL GAS OIL & NATURAL GAS: SIMILARITIES • Hydrocarbon: a substance that contains only carbon and hydrogen • Oil & Natural Gas are often found together in underground reservoirs • Reservoirs: rock formations that hold oil, natural gas or both within their pores. OIL BASICS • What is oil used for? • Transportation fuels (gasoline, diesel, etc.) • • • • • Plastics Asphalt Fertilizer Heat Some electricity • Who produces oil? (Top 5) • • • • • Russia Saudi Arabia United States Iran China OIL ECONOMICS • Supply: the total amount of a specific good or service that is available to consumers • Demand: how much (quantity) of a product or service is desired by buyers OIL GEOPOLITICS • Organization of the Petroleum Exporting Countries (OPEC) • Members: Iraq, Kuwait, Iran, Saudi Arabia, Venezuela, Libya, United Arab Emirates, Qatar, Algeria, Nigeria, Ecuador, Angola OIL ADVANTAGES • Oil Independence • Oil Prices • Economic Growth NATURAL GAS BASICS • What is natural gas used for? • • • • Heating Cooking Electricity Chemical Feedstocks • Who produces natural gas? (Top 5) • • • • • United States Russia European Union Iran Canada NATURAL GAS MARKETS NATURAL GAS PRICES • Prices differ regionally • Natural gas is exchanged in regional markets OIL PRICES • Sold at one price, all over the world • Exchanged in a global market NATURAL GAS GEOPOLITICS • There is no “OPEC” of natural gas • However, the EU is highly dependent on Russia for natural gas • Creates foreign policy constraints NATURAL GAS ADVANTAGES • Warming • Natural Gas Exports • Natural Gas Prices OIL & NATURAL GAS: NEGATIVE POSITIONS • Environment DA • Oil Prices DA • Natural Gas Prices DA • Military DA • Politics DA • Onshore CP OFFSHORE WIND CURRENT STATE OF OFFSHORE WIND • Widespread development in Europe • Investment beginning in the United States, but lack of incentives/regulatory certainty • Coastal Zone Management Act (CZMA) OFFSHORE WIND: ADVANTAGES • Warming • Economy • Federalism OFFSHORE WIND: NEGATIVE POSITIONS • Case Turn: Wind Increases CO2 • Politics DA • Budget DA • Environment DA • Electricity Prices DA • Onshore CP • Free Market CP MARINE ENERGY OCEAN THERMAL ENERGY CONVERSION (OTEC) • https://www.youtube.com/watch?v= qGwsvuxuK7g • Works best in areas with large difference in ocean temperatures, such as Hawaii CURRENT STATE OF OTEC DEVELOPMENT • Fully operational OTEC plant opened in Japan in 2013 • Technical and cost challenges remain OTEC: ADVANTAGES • Warming • Economy • Desalination • Hydrogen Production • Chill-Soil Agriculture • Aquaculture • Mineral Extraction OTEC: NEGATIVE POSITIONS • Budget DA • Politics DA • Electricity Prices DA • Environment DA • Land-Based CP • EIS CP WAVE POWER • Uses waves to generate electricity • Projects in Portugal and Oregon • Environmental issues TIDAL POWER • Uses the power of the tide to create electricity • May not be topical, depending on the type of tidal power • Environmental issues OCEAN CURRENT POWER • Uses ocean currents to generate electricity • Least developed type of ocean energy METHANE HYDRATES WHAT ARE METHANE HYDRATES? • Methane hydrate: a large amount of methane is trapped within a crystal structure of water, forming a solid similar to ice • Found in sea-floor sediments and arctic permafrost CURRENT STATE OF METHANE HYDRATE PRODUCTION • Test drillings in Canada and Japan • Becoming cost-effective • Seen as a potential breakthrough source of energy METHANE HYDRATES: ADVANTAGES • Warming • Economy • Energy Leadership • Arctic/Russia METHANE HYDRATES: NEGATIVE ARGUMENTS • Warming DA • Technical/Solvency Issues ADDITIONAL ENERGY TYPES FLOATING NUCLEAR POWER PLANTS (FNPP) • Russia has invested in FNPPs • New 2014 solvency advocates • Potential advantages include: Warming, Desalination, Hegemony • Environment DA UNDERSEA COAL GASIFICATION • Coal gasification • Syngas: fuel gas mixture consisting of hydrogen and natural gas • Warming Advantage? • Pollution DA OFFSHORE SOLAR • Currently being developed in Japan • Technology is not very advanced, not a likely affirmative MARINE ALGAE BIOFUELS • Algae biofuels are typically freshwater • Marine algae biofuels are possible but underdeveloped