Create energy profiles for two Fortune 500 organizations that produce electricity using nonrenewable resources.
Write a paper of no more than 1,400-words describing the electric generation mix and profiles for each company.
Address the following items for each organization:
- Explain the type of nonrenewable energy resource used and their short-term and long-term effects on the environment.
- Provide a description of each company's vision for power production in the United States and abroad.
- Explain each company's electrical generation fuel mix. Explain if their electricity is generated from all nonrenewable sources or a hybrid of both renewable and nonrenewable sources. How do their nonrenewable energy sources produce electricity?
- Discuss each company's customer base. Discuss the amount of generation capacity each company manages to meet customer demand. Explain capacity reserves and why it is necessary to have reserved electricity capacity.
- Explain major barriers faced by the companies and explain how they may plan to overcome those challenges.
- Between your chosen organizations, compare the costs of producing electricity using nonrenewable resources.
- Differentiate between the management requirements for each power producer. Explain the advantages and disadvantages of managing one over the other.