In this week’s episode of R-Squared Energy TV I present the first of several mini-presentations on energy topics of interest. The presentations will be short, 5 to 8 minute presentations with 3 to 5 slides each. This week’s presentation is on Energy Return on Energy Invested (EROEI). I believe there are a lot of misunderstandings from both proponents and opponents of EROEI methodology, and I attempt to clear up some of the misconceptions. Some of the questions answered are:
- What exactly is EROEI?
- Where might it be useful, and where might it possibly provide misleading answers?
- What are the societal implications of a declining EROEI?
- When is a lower EROEI process better than a higher EROEI process?
- What does EROEI suggest about the economics of a process?
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