Natural resource - Revision history

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energy>Jmdonev at 22:23, 10 April 2020

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	<onlyinclude>The term '''resource''' refers to any quality or substance that is valued by humans because it has the ability to meet a [[need]] or desire.<ref>S. Mayhew, A dictionary of geography. Oxford: Oxford University Press, 2015.</ref> The resources that the Energy sector is usually concerned about are '''natural resources'''.</onlyinclude> While this encyclopedia focuses mostly on [[flow]] resources and [[fuel]] resources, natural resources include other raw materials that come from nature like [[copper]] or [[aluminum]] in the form of [[ore]]s.		<onlyinclude>The term '''resource''' refers to any quality or substance that is valued by humans because it has the ability to meet a [[need]] or desire.<ref>S. Mayhew, A dictionary of geography. Oxford: Oxford University Press, 2015.</ref> The resources that the Energy sector is usually concerned about are '''natural resources'''.</onlyinclude> While this encyclopedia focuses mostly on [[[primary energy flow]] resources and [[primary fuel]] resources, natural resources include other raw materials that come from nature like [[copper]] or [[aluminum]] in the form of [[ore]]s.

	From an energy perspective, [[primary fuel]]s such as [[coal]], [[oil]], [[natural gas]], and [[uranium]] are natural resources. Moreover, flows in nature like [[wind]], and [[hydropower\|hydro]] are also natural resources. Unlike flows, primary fuels are in deposits within the Earth that must be discovered and extracted. Many deposits of these natural resources have been discovered, but many deposits have yet to be discovered. The term '''[[Resource occurrence\|occurrence]]'''<ref name = spe>Spe.org, 2018. [Online]. Available: https://www.spe.org/industry/docs/GlossaryPetroleumReserves-ResourcesDefinitions_2005.pdf. [Accessed: 30- Jul- 2018].</ref> is used to describe all the natural resources that exist on earth—undiscovered and discovered. The oil and gas industry refers to this as "total petroleum in place". That industry also uses the term "resource base" usually means the deposits that are assumed to someday be part of the reserves.<ref name = spe/>		From an energy perspective, [[primary fuel]]s such as [[coal]], [[oil]], [[natural gas]], and [[uranium]] are natural resources. Moreover, flows in nature like [[wind]], and [[hydropower\|hydro]] are also natural resources. Unlike flows, primary fuels are in deposits within the Earth that must be discovered and extracted. Many deposits of these natural resources have been discovered, but many deposits have yet to be discovered. The term '''[[Resource occurrence\|occurrence]]'''<ref name = spe>Spe.org, 2018. [Online]. Available: https://www.spe.org/industry/docs/GlossaryPetroleumReserves-ResourcesDefinitions_2005.pdf. [Accessed: 30- Jul- 2018].</ref> is used to describe all the natural resources that exist on earth—undiscovered and discovered. The oil and gas industry refers to this as "total petroleum in place". That industry also uses the term "resource base" usually means the deposits that are assumed to someday be part of the reserves.<ref name = spe/>

Jmdonev at 22:33, 24 February 2019

2019-02-24T22:33:54Z

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Jmdonev at 22:29, 24 February 2019

2019-02-24T22:29:18Z

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	<onlyinclude>The term '''resource''' refers to any quality or substance that is valued by humans because it has the ability to meet a [[need]] or desire.<ref>S. Mayhew, A dictionary of geography. Oxford: Oxford University Press, 2015.</ref> The resources that the Energy sector is usually concerned about are '''natural resources'''.</onlyinclude> While this encyclopedia focuses mostly on [[flow]] resources and [[fuel]] resources, natural resources include other raw materials that come from nature like [[copper]] or [[aluminum]] in the form of [[ore]]s.		<onlyinclude>The term '''resource''' refers to any quality or substance that is valued by humans because it has the ability to meet a [[need]] or desire.<ref>S. Mayhew, A dictionary of geography. Oxford: Oxford University Press, 2015.</ref> The resources that the Energy sector is usually concerned about are '''natural resources'''.</onlyinclude> While this encyclopedia focuses mostly on [[flow]] resources and [[fuel]] resources, natural resources include other raw materials that come from nature like [[copper]] or [[aluminum]] in the form of [[ore]]s.

	From an energy perspective, [[primary fuel]]s such as [[coal]], [[oil]], [[natural gas]], and [[uranium]] are natural resources. Moreover, flows in nature like [[wind]], and [[hydropower\|hydro]] are also natural resources. Unlike flows, primary fuels are in deposits within the Earth that must be discovered and extracted. Many deposits of these natural resources have been discovered, but many deposits have yet to be discovered. The term '''occurrence'''<ref name = spe>Spe.org, 2018. [Online]. Available: https://www.spe.org/industry/docs/GlossaryPetroleumReserves-ResourcesDefinitions_2005.pdf. [Accessed: 30- Jul- 2018].</ref> is used to describe all the natural resources that exist on earth—undiscovered and discovered. The oil and gas industry refers to this as "total petroleum in place". That industry also uses the term "resource base" usually means the deposits that are assumed to someday be part of the reserves.<ref name = spe/>		From an energy perspective, [[primary fuel]]s such as [[coal]], [[oil]], [[natural gas]], and [[uranium]] are natural resources. Moreover, flows in nature like [[wind]], and [[hydropower\|hydro]] are also natural resources. Unlike flows, primary fuels are in deposits within the Earth that must be discovered and extracted. Many deposits of these natural resources have been discovered, but many deposits have yet to be discovered. The term '''[[Resource occurrence\|occurrence]]'''<ref name = spe>Spe.org, 2018. [Online]. Available: https://www.spe.org/industry/docs/GlossaryPetroleumReserves-ResourcesDefinitions_2005.pdf. [Accessed: 30- Jul- 2018].</ref> is used to describe all the natural resources that exist on earth—undiscovered and discovered. The oil and gas industry refers to this as "total petroleum in place". That industry also uses the term "resource base" usually means the deposits that are assumed to someday be part of the reserves.<ref name = spe/>

	'''[[Reserve]]s''' are the natural resources that have been discovered; can be accessed with current technology and economically feasible to extract (it's profitable). It is important to note that energy flows, like wind do not have associated reserves, since there is no depository of them that has yet to be discovered. only being used when available. Estimations of the total occurrence of natural resources are based on information obtained from surveys.<ref name="RE3">Sarah Friedl. (May 29, 2015). ''Resources and Reserves: Definitions and Examples'' [Online]. Available: http://study.com/academy/lesson/resource-energy-vs-reserve-energy.html</ref>		'''[[Reserve]]s''' are the natural resources that have been discovered; can be accessed with current technology and economically feasible to extract (it's profitable). It is important to note that energy flows, like wind do not have associated reserves, since there is no depository of them that has yet to be discovered. only being used when available. Estimations of the total occurrence of natural resources are based on information obtained from surveys.<ref name="RE3">Sarah Friedl. (May 29, 2015). ''Resources and Reserves: Definitions and Examples'' [Online]. Available: http://study.com/academy/lesson/resource-energy-vs-reserve-energy.html</ref>

Jmdonev at 22:27, 24 February 2019

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	Combined, the identified and undiscovered deposits are the total occurrence of a natural resource. Some deposits are currently undiscovered or inaccessible, but in the future further exploration and advances in technologies could allow these deposits to become known and economically viable. If this occurs, these deposits are added to the reserves and the world's reserves become larger.<ref name="RE2"/>		Combined, the identified and undiscovered deposits are the total occurrence of a natural resource. Some deposits are currently undiscovered or inaccessible, but in the future further exploration and advances in technologies could allow these deposits to become known and economically viable. If this occurs, these deposits are added to the reserves and the world's reserves become larger.<ref name="RE2"/>

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	==For Further Reading==		==For Further Reading==

Jmdonev at 21:29, 24 February 2019

2019-02-24T21:29:29Z

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	Coal, oil, and natural gas are referred to as [[non-renewable resource]]s but this can be confusing, as it makes it sound as if these resources are running out soon. Fossil fuel ''[[reserve]]s'' are predicted to decline in the future (see [[Hubbert's peak]] for some description of this), however, this is not likely to be what limits fossil fuel use. Instead, the need to slow [[climate change]] will most likely drive cause an eventual decline in fossil fuel use. A vast amount of these natural resources will remain in place because there is a limit to how much [[carbon dioxide]] can safely be put in the [[atmosphere]]. This means even though fossil fuels are non-renewable, much will remain in the ground because so much is undiscovered or inaccessible now, and will be used less in the future.<ref name="RE2">G.Boyle, B.Everett, S.Peake, J.Ramage. (May 29, 2015). Energy Systems and Sustainability: Power for a Sustainable Future, 2nd Ed. Oxford, UK: Oxford University Press, 2012</ref>		Coal, oil, and natural gas are referred to as [[non-renewable resource]]s but this can be confusing, as it makes it sound as if these resources are running out soon. Fossil fuel ''[[reserve]]s'' are predicted to decline in the future (see [[Hubbert's peak]] for some description of this), however, this is not likely to be what limits fossil fuel use. Instead, the need to slow [[climate change]] will most likely drive cause an eventual decline in fossil fuel use. A vast amount of these natural resources will remain in place because there is a limit to how much [[carbon dioxide]] can safely be put in the [[atmosphere]]. This means even though fossil fuels are non-renewable, much will remain in the ground because so much is undiscovered or inaccessible now, and will be used less in the future.<ref name="RE2">G.Boyle, B.Everett, S.Peake, J.Ramage. (May 29, 2015). Energy Systems and Sustainability: Power for a Sustainable Future, 2nd Ed. Oxford, UK: Oxford University Press, 2012</ref>

	==Occurence vs. Reserve==		==Resource Occurence vs. Reserve==
	:: [[reserve vs resource\|''main page'']]		:: [[reserve vs resource\|''main page'']]
	Both occurrence and reserves refer to some amount of a mineral or fuel in the ground, but they are [[reserve vs occurrence\|not the same thing]]. This difference can be explored using a [[McKelvey box\|McKelvey diagram]]. McKelvey diagrams portray information about how an occurrence of a natural resource can turn into a reserve over time.		Both resource occurrence and reserves refer to some amount of a mineral or fuel in the ground, but they are [[reserve vs occurrence\|not the same thing]]. This difference can be explored using a [[McKelvey box\|McKelvey diagram]]. McKelvey diagrams portray information about how an occurrence of a natural resource can turn into a reserve over time.

	==Types of Resources==		==Types of Resources==

Jmdonev: Removed redirect to Resource

2019-02-24T21:28:01Z

Removed redirect to Resource

← Older revision		Revision as of 21:28, 24 February 2019
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	~~#REDIRECT~~ [[resource]]		[[Category:Done 2019-02-17]]
	[[~~Category~~:~~Done~~ 2015-09-06]]		<onlyinclude>The term '''resource''' refers to any quality or substance that is valued by humans because it has the ability to meet a [[need]] or desire.<ref>S. Mayhew, A dictionary of geography. Oxford: Oxford University Press, 2015.</ref> The resources that the Energy sector is usually concerned about are '''natural resources'''.</onlyinclude> While this encyclopedia focuses mostly on [[flow]] resources and [[fuel]] resources, natural resources include other raw materials that come from nature like [[copper]] or [[aluminum]] in the form of [[ore]]s.

			From an energy perspective, [[primary fuel]]s such as [[coal]], [[oil]], [[natural gas]], and [[uranium]] are natural resources. Moreover, flows in nature like [[wind]], and [[hydropower\|hydro]] are also natural resources. Unlike flows, primary fuels are in deposits within the Earth that must be discovered and extracted. Many deposits of these natural resources have been discovered, but many deposits have yet to be discovered. The term '''occurrence'''<ref name = spe>Spe.org, 2018. [Online]. Available: https://www.spe.org/industry/docs/GlossaryPetroleumReserves-ResourcesDefinitions_2005.pdf. [Accessed: 30- Jul- 2018].</ref> is used to describe all the natural resources that exist on earth—undiscovered and discovered. The oil and gas industry refers to this as "total petroleum in place". That industry also uses the term "resource base" usually means the deposits that are assumed to someday be part of the reserves.<ref name = spe/>

			'''[[Reserve]]s''' are the natural resources that have been discovered; can be accessed with current technology and economically feasible to extract (it's profitable). It is important to note that energy flows, like wind do not have associated reserves, since there is no depository of them that has yet to be discovered. only being used when available. Estimations of the total occurrence of natural resources are based on information obtained from surveys.<ref name="RE3">Sarah Friedl. (May 29, 2015). ''Resources and Reserves: Definitions and Examples'' [Online]. Available: http://study.com/academy/lesson/resource-energy-vs-reserve-energy.html</ref>

			<gallery mode=packed caption="Energy Resources" widths="350px" heights="232px" >
			File:drilling-tower-226710_640.jpg\|Figure 1. Oil resources are fairly expansive and are one source of energy.<ref>Pixabay. (May 29, 2015). ''Drilling Tower'' [Online]. Available: http://pixabay.com/en/drilling-tower-chimney-factory-226710/</ref>
			File:rotor-488538_640.jpg\|Figure 2. Wind is a resource which is not consistently available, which decreases its reliability. <ref>Pixabay. (May 29, 2015). ''Rotor Pinwheel'' [Online]. Available: http://pixabay.com/en/rotor-pinwheel-energy-eco-energy-488538/</ref>
			</gallery>

			Coal, oil, and natural gas are referred to as [[non-renewable resource]]s but this can be confusing, as it makes it sound as if these resources are running out soon. Fossil fuel ''[[reserve]]s'' are predicted to decline in the future (see [[Hubbert's peak]] for some description of this), however, this is not likely to be what limits fossil fuel use. Instead, the need to slow [[climate change]] will most likely drive cause an eventual decline in fossil fuel use. A vast amount of these natural resources will remain in place because there is a limit to how much [[carbon dioxide]] can safely be put in the [[atmosphere]]. This means even though fossil fuels are non-renewable, much will remain in the ground because so much is undiscovered or inaccessible now, and will be used less in the future.<ref name="RE2">G.Boyle, B.Everett, S.Peake, J.Ramage. (May 29, 2015). Energy Systems and Sustainability: Power for a Sustainable Future, 2nd Ed. Oxford, UK: Oxford University Press, 2012</ref>

			==Occurence vs. Reserve==
			:: [[reserve vs resource\|''main page'']]
			Both occurrence and reserves refer to some amount of a mineral or fuel in the ground, but they are [[reserve vs occurrence\|not the same thing]]. This difference can be explored using a [[McKelvey box\|McKelvey diagram]]. McKelvey diagrams portray information about how an occurrence of a natural resource can turn into a reserve over time.

			==Types of Resources==
			Natural resources exist in a variety of deposits. These deposits come in a range difficulties to extract, and there is a range of confidence in their existence. It's helpful to divide the occurrence as a whole into smaller pieces to understand why specific deposits might not be a reserve. The types of resources that exist are:<ref name="RE3"/>
			* '''Identified Resource''': This deposit is one that has been measured to the point where the amount that exists can be quantified reasonably well. In addition, estimates exist for how much more of this resource is available in a given deposit. Identified resources have been measured, so there is confidence about how much exists. This confidence is acquired after surveying large areas around the world thoroughly. These deposits may or may not be accessible.
			* '''Undiscovered Resource''': This is the amount of a resource that is unknown and is difficult to estimate. This portion includes part of the natural resource that are assumed to exist but have not yet been measured.

			Combined, the identified and undiscovered deposits are the total occurrence of a natural resource. Some deposits are currently undiscovered or inaccessible, but in the future further exploration and advances in technologies could allow these deposits to become known and economically viable. If this occurs, these deposits are added to the reserves and the world's reserves become larger.<ref name="RE2"/>

			==For Further Reading==
			*[[Reserve vs occurrence]]
			*[[Reserve]]
			*[[Resource occurrence]]
			*[[Primary fuel]]
			*[[Renewable energy]]
			*[[McKelvey diagram]]
			*Or explore a [[Special:Random\|random page]]

			==References==
			{{reflist}}
			[[Category:Uploaded]]

J.williams: 1 revision imported

2015-09-18T16:52:29Z

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Jmdonev at 18:25, 17 September 2015

2015-09-17T18:25:51Z

New page

#REDIRECT [[resource]]
[[Category:Done 2015-09-06]]