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Mastering the Commodities Markets by Francesca Taylor

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BACKGROUND AND CONTEXT

What exactly are alternative energy resources? Are these the same as renewable energy resources or Green Energy? The International Energy Agency (www.iea.org) defines renewables as:

‘Renewable energy is derived from natural processes that are replenished constantly. In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and bio-fuels and hydrogen derived from renewable resource.’

According to the Bureau of Ocean Energy Management, Regulation and Enforcement (www.boem.gov), however, ‘alternatives’ are defined as:

‘Fuel sources that are other than those ...

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