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| 1 |
ID:
121377
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2013.
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| Summary/Abstract |
Interest in the role embodied energy plays in international trade and its subsequent impact on energy security has grown. As a developed nation, the UK's economic structure has changed from that of a primary producer to that of a primary consumer. Although the UK's energy consumption appears to have peaked, it imports a lot of energy embodied in international trade alongside the more obvious direct energy imports. The UK has seen increasing dependency on imported fossil energy since the UK became a net energy importer in 2005. In this paper an energy input-output model is established to calculate not only the amount of fossil energy embodied in UK's imports and exports, but also the sector and country distributions of those embodied fossil energy. The research results suggest the following: UK's embodied fossil energy imports have exceeded embodied fossil energy exports every year since 1997, UK embodied energy imports through the so-called 'Made in China' phenomena are the largest accounting for 43% of total net fossil energy imports. If net embodied fossil energy imports are considered, the gap between energy consumption and production in UK is much larger than commonly perceived, with subsequent implications to the UK's energy security.
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| 2 |
ID:
126817
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2014.
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Bottom-up models of oil production are continuously being used to guide investments and policymaking. Compared to simpler top-down models, bottom-up models have a number of advantages due to their modularity, flexibility and concreteness. The purposes of this paper is to identify the crucial modeling challenges, compare the different ways in which nine existing models handle them, assess the appropriateness of these models, and point to possibilities of further development. The conclusions are that the high level of detail in bottom-up models is of questionable value for predictive accuracy, but of great value for identifying areas of uncertainty and new research questions. There is a potential for improved qualitative insights through systematic sensitivity analysis. This potential is at present largely unrealized.
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| 3 |
ID:
119846
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2013.
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| Summary/Abstract |
In order to achieve energy consumption targets, and subsequently reduce carbon emissions, China is working on energy strategies and policies aimed at actively increasing the consumption of natural gas-the lowest carbon energy of the fossil fuels, and to enhance the proportion of gas in total primary energy consumption. To do this, it is a necessary prerequisite that China must have access to adequate gas resources and production to meet demand. This paper shows that the availability of domestic gas resources are overestimated by China's authorities due to differences in classification and definitions of gas resources/reserves between China and those accepted internationally. Based on official gas resource figures, China's gas production remains low with respect to the projected demand, and will only be 164.6 bcm in 2020, far lower than the 375 bcm of forecast demand. The gap between gas production and demand will reach 210.4 bcm by 2020. Existing plans for the importation of gas and the development of unconventional gas will not close this gap in the next 10 years, and this situation will therefore present a severe challenge to China's gas security, achievement of targets in improving energy consumption structure and reducing carbon emissions.
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| 4 |
ID:
110704
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2011.
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| Summary/Abstract |
This paper introduces two typical multicyclic models: the Hubbert model and the Generalized Weng model. The model-solving process of the two is expounded, and it provides the basis for an empirical analysis of the world's conventional oil production. The results for both show that the world's conventional oil (crude+NGLs) production will reach its peak in 2011 with a production of 30 billion barrels (Gb). In addition, the forecasting effects of these two models, given the same URR are compared, and the intrinsic characteristics of these two models are analyzed. This demonstrates that for specific criteria the multicyclic Generalized Weng model is an improvement on the multicyclic Hubbert model. Finally, based upon the resultant forecast for the world's conventional oil, some suggestions are proposed for China's policy makers.
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