What is the ton of oil equivalent?
Tonnes of oil equivalent (TOE) is a way of measuring the energy unit for very large energy consumers, such as the national economies, with a base of 7.4 barrels of oil. It is a frequently used method of measuring energy consumption versus economic productivity and is based on the energy value of oil because it is such a widely consumed energy commodity. The actual energy value of one tonne of the equivalent oil unit is 41,850,000,000 joules of energy or 11,626 kilowatt hours when converted to electrical value. This is roughly equal to 1.615 metric tons of coal, which would produce 39,680,000 British thermal units (BTU) of heat if burned. To convert it to the equivalent of natural gas consumption, which is also an essential source of energy on a global basis, a ton of oil equivalent is equivalent to 1,270 cubic meters of natural gas.
As energy consumption has increased worldwide, it is necessary to define a ton of oil equivalent values in higherthe scales. Common Terminology now expresses energy consumption in millions of tonnes of oil equivalent (MTOE) or in giga-oils of oil equivalent (GTOE), which represents billions of energy. Since 2004, the United States has consumed the most energy per year to 2,331,600,000 peaks or 2,3316 GTOEs. China and Russia were second and third, and together they consumed almost as much energy as the US and Japan was fourth with almost 80% of Russia's energy consumption at 514,600,000 peaks.
In order to illustrate how these total energy values decay according to the source, in France used a total of 145,050,000 peaks in 1999. Of this total, 96,400,000 peaks came from oil, 33,900,000 came from natural gas and 14,100,000 were from solid fuels like wood and coal. France also consumed a small amount of energy by comparing through other forms of electricity production, JAKO is a nuclear energy totaling 8,000,000,000 kilowatt of the Hnaše, which is approximately equal to 650,000 peaks. This total consumption in France increased by approximately 55%, as its economy has increased to 262,900,000 energy consumption since 2004.
total energy consumption for 63 countries around the world has been mapped to 9,700,300,000 peaks since 2004. This factor in countries at Iceland level at the bottom of the list. Although Iceland consumed a very small ton of oil equivalent in energy by comparing 2,600,000 peaks in 2004, its economy generated the highest level of estimated productivity and social well -being for this energy at that time, secondly for the United States.
Most of the energy produced from all sources, including renewable hydropower to nuclear energy came from natural gas, coal and oil at the beginning of the 21st century. Natural gas represented about 21.7% of all global energy production, coal for 22.6% and oil for 35.1%, totalM 79.4%. Biomass energy production was another largest manufacturer on an oil -equivalent ton, provided 10.7% of all energy in the world, and nuclear energy provided 6.9%.