Fossil energy resources - POLES - Revision history

Kimon Keramidas at 10:21, 3 February 2017

2017-02-03T10:21:45Z

← Older revision		Revision as of 12:21, 3 February 2017
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	</figure>		</figure>

	Sources of information include: BGR, USGS, IEA, MIT, industry estimates		The model has been used in several studies of the role of fossil fuel resources and in low-carbon transition pathways[[CiteRef::bauer2015co]][[CiteRef::dowling2012th]], particularly in the aspects of energy security[[CiteRef::andrews-speed2014co]][[CiteRef::mccollum2013fo]][[CiteRef::EC-JRC 2013]].

			Sources of information include: BGR[[CiteRef::BGR 2015]], USGS[[CiteRef::USGS 2013]], IEA[[CiteRef::IEA 2015]], Enerdata[[CiteRef::Enerdata 2015]], WEC[[CiteRef::WEC 2013a]], MIT, industry estimates

Kimon Keramidas at 14:39, 22 December 2016

2016-12-22T14:39:52Z

← Older revision		Revision as of 16:39, 22 December 2016
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	The description below gives elements for oil, but they can be extended to gas and coal.		The description below gives elements for oil, but they can be extended to gas and coal.

			<figure id="fig:POLES_5">
	[[File:36405505.png\|none\|600px\|thumb\|<caption>Static aggregated oil production cost curve</caption>]]		[[File:36405505.png\|none\|600px\|thumb\|<caption>Static aggregated oil production cost curve</caption>]]
			</figure>

	While this figure gives an aggregated static cost curve, the model actually uses ''dynamic'' cost curve per resource type integrating the cost of energy needs for production for each production country/ region. Consequently POLES fossil fuel cost curves thus evolve over time, by region and with the scenario settings (for instance: a CO2 pricing will affect the production cost of tar sands).		While this figure gives an aggregated static cost curve, the model actually uses ''dynamic'' cost curve per resource type integrating the cost of energy needs for production for each production country/ region. Consequently POLES fossil fuel cost curves thus evolve over time, by region and with the scenario settings (for instance: a CO2 pricing will affect the production cost of tar sands).
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	Reserves are then turn into production depending on remaining reserves, the (dynamic) production cost curve and international fuels prices.		Reserves are then turn into production depending on remaining reserves, the (dynamic) production cost curve and international fuels prices.

	<figure id="fig:~~POLES_5~~">		<figure id="fig:POLES_6">
	[[File:36405504.png\|none\|600px\|thumb\|<caption>Reserves discovery process in POLES (URR: ultimate Recoverable Resources, DISOIL: Discovery of oil)</caption>]]		[[File:36405504.png\|none\|600px\|thumb\|<caption>Reserves discovery process in POLES (URR: ultimate Recoverable Resources, DISOIL: Discovery of oil)</caption>]]
	</figure>		</figure>

	Sources of information include: BGR, USGS, IEA, MIT, industry estimates		Sources of information include: BGR, USGS, IEA, MIT, industry estimates

Kimon Keramidas at 14:38, 22 December 2016

2016-12-22T14:38:58Z

← Older revision		Revision as of 16:38, 22 December 2016
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	[[File:36405505.png\|none\|600px\|thumb\|<caption>Static aggregated oil production cost curve</caption>]]		[[File:36405505.png\|none\|600px\|thumb\|<caption>Static aggregated oil production cost curve</caption>]]

	While this figure gives an aggregated static cost curve, the model actually uses ''dynamic'' cost curve per resource type integrating the cost of energy needs for production for each production country/ region. Consequently POLES fossil fuel cost curves thus evolve over time, by region and with the scenario settings (for instance: a CO2 pricing will affect the production cost of tar sands~~, ..~~).		While this figure gives an aggregated static cost curve, the model actually uses ''dynamic'' cost curve per resource type integrating the cost of energy needs for production for each production country/ region. Consequently POLES fossil fuel cost curves thus evolve over time, by region and with the scenario settings (for instance: a CO2 pricing will affect the production cost of tar sands).

	The supply module transforms resources into reserves through discovery effort (exploration and drilling) that depends on remaining resources, the (dynamic) production cost curve and international fuel prices, through elasticities that capture openness to investment and resource management strategies.		The supply module transforms resources into reserves through discovery effort (exploration and drilling) that depends on remaining resources, the (dynamic) production cost curve and international fuel prices, through elasticities that capture openness to investment and resource management strategies.
Line 20:		Line 20:
	Reserves are then turn into production depending on remaining reserves, the (dynamic) production cost curve and international fuels prices.		Reserves are then turn into production depending on remaining reserves, the (dynamic) production cost curve and international fuels prices.

			<figure id="fig:POLES_5">
	[[File:36405504.png\|none\|600px\|thumb\|<caption>Reserves discovery process in POLES (URR: ultimate Recoverable Resources, DISOIL: Discovery of oil)</caption>]]		[[File:36405504.png\|none\|600px\|thumb\|<caption>Reserves discovery process in POLES (URR: ultimate Recoverable Resources, DISOIL: Discovery of oil)</caption>]]
			</figure>

	Sources of information include: BGR, USGS, IEA, MIT, industry estimates		Sources of information include: BGR, USGS, IEA, MIT, industry estimates

Kimon Keramidas at 14:09, 20 October 2016

2016-10-20T14:09:01Z

← Older revision		Revision as of 16:09, 20 October 2016
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	\|DocumentationCategory=Fossil energy resources		\|DocumentationCategory=Fossil energy resources
	}}		}}

			The POLES model differentiates various types of fossil fuels:

			* oil: conventional, tar, heavy and oil shale / onland & shallow, deepwater, artic;
			* gas: conventional, shale gas / onland & shallow, deepwater and artic;
			* coal: steam and coke.

			The description below gives elements for oil, but they can be extended to gas and coal.

			[[File:36405505.png\|none\|600px\|thumb\|<caption>Static aggregated oil production cost curve</caption>]]

			While this figure gives an aggregated static cost curve, the model actually uses ''dynamic'' cost curve per resource type integrating the cost of energy needs for production for each production country/ region. Consequently POLES fossil fuel cost curves thus evolve over time, by region and with the scenario settings (for instance: a CO2 pricing will affect the production cost of tar sands, ..).

			The supply module transforms resources into reserves through discovery effort (exploration and drilling) that depends on remaining resources, the (dynamic) production cost curve and international fuel prices, through elasticities that capture openness to investment and resource management strategies.

			Reserves are then turn into production depending on remaining reserves, the (dynamic) production cost curve and international fuels prices.

			[[File:36405504.png\|none\|600px\|thumb\|<caption>Reserves discovery process in POLES (URR: ultimate Recoverable Resources, DISOIL: Discovery of oil)</caption>]]

			Sources of information include: BGR, USGS, IEA, MIT, industry estimates

Rineke Oostenrijk: Edited automatically from page POLES setup.

2016-08-30T09:31:23Z

Edited automatically from page POLES setup.

New page

{{ModelDocumentationTemplate
|IsDocumentationOf=POLES
|DocumentationCategory=Fossil energy resources
}}