Energy resource endowments - TIAM-UCL

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Model Documentation - TIAM-UCL

Corresponding documentation
Previous versions
Model information
Model link
Institution University College London (UCL), UK,
Solution concept Partial equilibrium (price elastic demand)
Solution method Linear optimisation
Anticipation Perfect Foresight

(Stochastic and myopic runs are also possible)

Fossil reserves and mining technologies are presented in the Table below on Non-renewable primary resources. A supply curve for each type of the sources shown is defined within region. Each time step is characterised by the cost of the resource and the total amount of energy available at this cost.

The Resource Module contains the data which separately characterises resources which are situated in regions with members of OPEC and those resources found in all other Non-OPEC regions. The module was originally based upon that provided in ETSAP-TIAM although significant changes have been made to their characterisation and dynamics of production including: adding Arctic oil and gas, shale gas and separately considering natural bitumen and kerogen oil produced by mining and by in situ methods. Geological constraints are also imposed upon oil and gas production that represent empirical depletion rate constraints.

Table: Non-renewable primary resources

Technology Description
Existing proved plus probable reserves
Reserve growth
Undiscovered oil
Arctic oil
Natural bitumen ('oil sands') by in situ means of production
Natural bitumen ('oil sands') by mining
Extra-heavy oil
Kerogen oil by in situ means of production
Kerogen oil by mining
Natural gas liquids
Natural gas
Existing proved plus probable reserves
Reserve growth
Undiscovered gas
Arctic gas
Tight gas
Coal bed methane
Shale gas
Associated gas
Existing reserves
Additional resources
Uranium (dummy) - Reserves