Energy in Velikoslavia
Energy in Velikoslavia describes the energy and electricity production, consumption, and export across Velikoslavia. Energy consumption across Velikoslavia was 5,789 TWh in 2020 and its CO2 emissions per capita were 8.2 tCO2.
Overview
Velikoslavia is rich in energy resources and contains significant natural gas, oil, and coal reserves that are extracted and exported to multiple trading partners. In recent years, Velikoslavia has begun to invest in renewable energy projects on a limited scope, incorporating solar power into new developments and offering limited subsidization for its increase. Though some investments are being made into renewable energy by enterprising private entities, it is still dwarfed by fossil fuel investment.
Energy sources
Natural gas
Velikoslavia is a significant producer of natural gas and exports it widely. The vast majority of Velikoslavian natural gas is extracted by three corporations, Actaeon Mining Corporation, RepGas, and Vestuluz Corporation. These three entities are responsible for 98% of Velikoslavian natural gas extraction. Gas is sent in multiple directions via three pipelines which are each owned by one of the major three corporations. The Vyborg Pipeline sends gas south into Ludvosiya while the Nichon Pipeline goes directly southwest into Ostrozava, into Lake Kupalnitsa and into Drevstran. The third pipeline, the Ochgas Line, sends natural gas directly east into Ochran.
Though more efficient electric heating has been implemented in many of the warmer parts of Velikoslavia, many communities in the colder northern regions rely on more efficient and warmer gas heating to provide warmth and prepare food. Velikoslavian domestic natural gas consumption has decreased slightly each year since the turn of the century but still accounts for a significant amount of Velikoslavian energy usage.
Oil
Conventional oil
Velikoslavia is a significant producer of crude oil and supplies oil mainly to Belisarian markets, particularly Ludvosiya and Drevstran which use it for many purposes such as petrochemicals and plastics. Velikoslavia produced roughly 6.5 million barrels per day in 2020, extracting oil from numerous different locations such as the Nordic Sea and the Vashtyar Oil Fields. Oil production is primarily centralized under Actaeon Mining Corporation, which owns the Vashtyar Oil Fields. Off shore operations are primarily owned by RepGas, which owns several dozen drilling rigs in the Nordic Sea. Oil is sent into Belisaria and Ochran via six pipelines, the two largest which send crude oil directly to Ludvosiya where it is refined into petrochemicals.
In 2020, RepGas announced the construction of a seventh pipeline which would provide additional crude oil to Ludvosiya and Greznea.
Oil shale
Velikoslavia has large oil shale deposits in the Kremnefelsk Mountains, primarily in the Golgograd Basin, which were identified in the early 1940s. Initially these were tapped but extraction operations were halted in 1954 due to environmental concerns. With easier and less expensive sources of oil identified, both government funded and private ventures to tap this resource halted by 1961.
Natural bitumen and extra-heavy oil
Heavy crude oil and bitumen reserves have been identified in the country, though no major efforts have been undertaken to extract these. In 2020, Actaeon Industries and RepGas announced a joint venture to tap heavy crude oil deposits in the northeastern part of the country with a specially designed facility near Oryol. The first well is scheduled to begin production in 2023, which will greatly increase Velikoslavian crude oil extracting capacity as it is estimated some 34% of total Velikoslavian reserves are heavy crude oil.
Coal
Velikoslavia has large coal reserves based in the Kremnefelsk Mountains around the Tigritz Basin. Though heavily extracted for electricity produiction throughout the first half of the 20th century, coal fell out of favor by the 1970s in favor of other methods. COal is still extracted for other industries in lesser quantities, especially for export.
Hydropower
Nuclear power
Nuclear energy accounts for the vast amount of Velikoslavian electricity production in 2021, with 94% of Velikoslavian electricity being produced via nuclear energy in 2020 after the opening of the Kerch North Power Complex. There are thirty reactors in operation across Velikoslavia with an additional four reactors planned to be operational by 2026. Most reactors are operated and maintained by Valtom, which is a joint venture between Actaeon Atomic Solutions and the Vildergeist Group. The coporation is also 20% owned by the Velikoslavian government, which provides oversight via the Atomic Management Board.