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Avoiding the boom and bust for a sustainable energy storage market
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Private college GSM London goes bust and will stop teaching
The opportunity to stand for a committee position or vote in their elections Bristol students only. For Sports Club — to attend regular training sessions and have the opportunity to be selected for the teams. Fossil fuels like coal and natural gas are notorious for their 'boom-and-bust' production cycles, which can result in economic instability and hardship for communities that depend on the finite extraction of resources for their livelihoods. Norris' research looks to, "leverage as much of the 'boom' — the positive parts — and mitigate the worst parts of the 'bust.
Appalachian Ohio geographically overlaps with prime Marcellus and Utica shale formation real estate — one of the main reasons natural gas fracturing or 'fracking' has accelerated in parts of Ohio in recent years. According to the U.
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Energy Information Administration , natural gas production in Ohio was nearly 19 times greater in than in , with almost two-thirds of gross withdrawals from shale gas wells alone. Norris' thesis work is in conjunction with an Ohio University-funded research initiative called the Shale Innovation Project. The project, a three-year interdisciplinary program supported by the Ohio University Innovation Strategy, combines faculty, staff and student researchers from the Voinovich School of Leadership and Public Affairs, the Russ College of Engineering and Technology, and the College of Arts and Sciences.
LETTER: Fracking Boom, Bust; Still No Sustainable Energy System for County
Together, the group aims to address the complex economic, social, environmental and technical questions associated with shale development in Ohio, while also addressing impacts from the pending shale industry bust. Throughout the entire Appalachian region, the increase in shale gas production since has spurred development of new midstream infrastructure, including pipelines and natural gas processing plants, according to a seperate analysis from the EIA.
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This midstream infrastructure — pipelines and transportation — gets the resources from the ground into refineries. The Shale Innovation Project, in its second year, utilizes the skills of faculty and researchers campus-wide to achieve the goals of the initiative.
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David Bayless , director of the Ohio Coal Research Center and Gerald Loehr Professor of Mechanical Engineering at the Russ College of Engineering and Technology, are leading research teams working to enhance efficiency of the shale gas recovery process. Bayless also directs weekly meetings that convene the many students assisting on the project. Daniel Karney , an Assistant Professor of Economics and a member of the Shale Innovation Project, has led a community impact survey for the grant initiative.
Building off a previous survey from , researchers surveyed elected officials in Appalachian Ohio counties to find out how oil and gas have impacted their local economies, workforce, education and housing, among other factors. Gilbert Michaud , an Adjunct Assistant Professor at the Voinovich School, is finalizing an economic impact analysis for the Shale Innovation Project, to model the impact that the oil and gas industry has in Ohio.
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His colleague, Michael J. Zimmer's contributions to the project include work on a set of wealth retention papers, which examine possible policy and financing options — like a severance tax or a permanent trust fund — to maximize the oil and gas industry's positive impact in the economic region over the long-term. Register for the webinar online or email Elissa Welch to find out more information on the project and its energy-related research. View all news stories.