Question 83 - The United States of America Energy Information Administration reports the following emissions in million metric tons of carbon dioxide in the world for year 2012 : Natural gas : 6799, petroleum : 11695, coal : 13787. Coal-fired electric power generation emits around 2000 pounds of carbon dioxide for every megawatt hour generated, which is almost double the carbon dioxide released by a natural gas-fired electric plant per megawatt hour generated. If 1 metric ton = 1000 kg and 1 pound = 0.4536 kg, estimate the total energy generated by natural gas in the world for year 2012, in gigawatt hour.
Answer 83 - Mass of carbon dioxide emitted by natural gas-fired electric power generation for every megawatt hour generated = 2000 / 2 = 1000 pounds = 1000 pounds x (0.4536 kg / pound) x (metric ton / 1000 kg) = 0.4536 metric tons. Total energy generated by natural gas in the world for year 2012 = 6799 million metric tons x (megawatt hour / 0.4536 metric tons) = 14988.977 million megawatt hour = 14988977 gigawatt hour, approximately. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
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ENGINEERING ECONOMY - EXAMPLE 7.2 : In the purchase of a machine with a period n = 8.5 years, the minimum attractive rate of return, i = 12 %, the cost P = $55000, F = $4000 is the salvage, annual maintenance A = $3500. The return of the investment or equivalent uniform annual benefit is $15000. The equivalent uniform annual cost is P (A / P, i, n) + A - F (A / F, i, n). The investment is considered acceptable only when equivalent uniform annual benefit is greater than the equivalent uniform annual cost. From the compound interest table, (A / P, i = 12 %, n = 8 years) = 0.2013, (A / P, i = 12 %, n = 9 years) = 0.1877, (A / F, i = 12 %, n = 8 years) = 0.0813, (A / F, i = 12 %, n = 9 years) = 0.0677. Prove by calculations whether the investment above is acceptable.
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