Fossil energy resources - REMIND-MAgPIE - Revision history

Rineke Oostenrijk: Text replacement - "REMIND" to "REMIND-MAgPIE"

2021-11-21T13:34:15Z

Text replacement - "REMIND" to "REMIND-MAgPIE"

← Older revision		Revision as of 15:34, 21 November 2021
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	{{ModelDocumentationTemplate		{{ModelDocumentationTemplate
	\|IsEmpty=No		\|IsEmpty=No
	\|IsDocumentationOf=REMIND		\|IsDocumentationOf=REMIND-MAgPIE
	\|DocumentationCategory=Fossil energy resources		\|DocumentationCategory=Fossil energy resources
	}}		}}
	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR (2010) Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen 2010 - Kurzstudie. Bundesanstalt für Geowissenschaften und Rohstoffe (BGR), Hannover, Germany</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA (2012) Upstream Capital Cost Index (UCCI) and Upstream Operating Cost Index (UOCI). In: IHS Indexes. http://www.ihs.com/info/cera/ihsindexes/index.aspx. Accessed 20 Nov 2012 </ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.		REMIND-MAgPIE characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND-MAgPIE. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR (2010) Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen 2010 - Kurzstudie. Bundesanstalt für Geowissenschaften und Rohstoffe (BGR), Hannover, Germany</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>. In REMIND-MAgPIE, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA (2012) Upstream Capital Cost Index (UCCI) and Upstream Operating Cost Index (UOCI). In: IHS Indexes. http://www.ihs.com/info/cera/ihsindexes/index.aspx. Accessed 20 Nov 2012 </ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.

	<xr id="fig:~~REMIND_5~~"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND-MAgPIE_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND-MAgPIE is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

	For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.		For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.

	REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA (2008a) World Energy Outlook 2008. International Energy Agency</ref>; <ref>IEA (2009) World Energy Outlook 2009. International Energy Agency, Paris, France</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl C, Duggan TE (1998) Survey of price elasticities from economic exploration models of US oil and gas supply. Journal of Energy Finance & Development 3:129–169. doi: 10.1016/S1085-7443(99)80072-6</ref>; <ref>Krichene N (2002) World crude oil and natural gas: a demand and supply model. Energy Economics 24:557–576. doi: 10.1016/S0140-9883(02)00061-0</ref>; <ref>Askari H, Krichene N (2010) An oil demand and supply model incorporating monetary policy. Energy 35:2013–2021. doi: 10.1016/j.energy.2010.01.017</ref>.		REMIND-MAgPIE prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA (2008a) World Energy Outlook 2008. International Energy Agency</ref>; <ref>IEA (2009) World Energy Outlook 2009. International Energy Agency, Paris, France</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl C, Duggan TE (1998) Survey of price elasticities from economic exploration models of US oil and gas supply. Journal of Energy Finance & Development 3:129–169. doi: 10.1016/S1085-7443(99)80072-6</ref>; <ref>Krichene N (2002) World crude oil and natural gas: a demand and supply model. Energy Economics 24:557–576. doi: 10.1016/S0140-9883(02)00061-0</ref>; <ref>Askari H, Krichene N (2010) An oil demand and supply model incorporating monetary policy. Energy 35:2013–2021. doi: 10.1016/j.energy.2010.01.017</ref>.

	<figure id="fig:~~REMIND_5~~">		<figure id="fig:REMIND-MAgPIE_5">
	[[File: Figure_Fossil_energy_resources_REMIND.png]]		[[File: Figure_Fossil_energy_resources_REMIND-MAgPIE.png]]
	</figure>		</figure>

	'''Figure 1''': Global aggregate Cumulative Availability Curves of coal, oil and gas for the different SSPs. The bars at the top indicate the minimum, median and maximum extraction in baseline scenarios in the EMF-27 study; the shaded area covers the range of extraction cost functions given in the EMF-27 and AMPERE studies.		'''Figure 1''': Global aggregate Cumulative Availability Curves of coal, oil and gas for the different SSPs. The bars at the top indicate the minimum, median and maximum extraction in baseline scenarios in the EMF-27 study; the shaded area covers the range of extraction cost functions given in the EMF-27 and AMPERE studies.

	Trade costs in REMIND are both region-and resource-specific. Oil trade costs range between 0.22 USD/GJ in AFR and 0.63 USD/GJ in EUR. Gas trade costs are lowest in EUR and JPN with a value of 1.52 USD/GJ and reach a maximum in CHN with a value of 2.16 USD/GJ. Coal trade costs range between 0.54 USD/GJ in JPN and 0.95 USD/GJ in IND.		Trade costs in REMIND-MAgPIE are both region-and resource-specific. Oil trade costs range between 0.22 USD/GJ in AFR and 0.63 USD/GJ in EUR. Gas trade costs are lowest in EUR and JPN with a value of 1.52 USD/GJ and reach a maximum in CHN with a value of 2.16 USD/GJ. Coal trade costs range between 0.54 USD/GJ in JPN and 0.95 USD/GJ in IND.

Mathijs Harmsen: Mathijs Harmsen moved page Fossil energy resources - REMIND to Fossil energy resources - REMIND-MAgPIE without leaving a redirect: Text replacement - "REMIND" to "REMIND-MAgPIE"

2021-11-18T12:14:14Z

Mathijs Harmsen moved page Fossil energy resources - REMIND to Fossil energy resources - REMIND-MAgPIE without leaving a redirect: Text replacement - "REMIND" to "REMIND-MAgPIE"

← Older revision

Revision as of 14:14, 18 November 2021

Laura Delsa at 12:57, 3 February 2017

2017-02-03T12:57:52Z

← Older revision		Revision as of 14:57, 3 February 2017
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	For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.		For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.

	REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA 2008a</ref>; <ref>IEA 2009</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl ~~and~~ Duggan 1998; Krichene 2002; Askari and ~~Krichene~~ 2010</ref>.		REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA (2008a) World Energy Outlook 2008. International Energy Agency</ref>; <ref>IEA (2009) World Energy Outlook 2009. International Energy Agency, Paris, France</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl C, Duggan TE (1998) Survey of price elasticities from economic exploration models of US oil and gas supply. Journal of Energy Finance & Development 3:129–169. doi: 10.1016/S1085-7443(99)80072-6</ref>; <ref>Krichene N (2002) World crude oil and natural gas: a demand and supply model. Energy Economics 24:557–576. doi: 10.1016/S0140-9883(02)00061-0</ref>; <ref>Askari H, Krichene N (2010) An oil demand and supply model incorporating monetary policy. Energy 35:2013–2021. doi: 10.1016/j.energy.2010.01.017</ref>.

	<figure id="fig:REMIND_5">		<figure id="fig:REMIND_5">

Laura Delsa at 12:55, 3 February 2017

2017-02-03T12:55:35Z

← Older revision		Revision as of 14:55, 3 February 2017
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	For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.		For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.

	REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA 2008a; IEA 2009</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl and Duggan 1998; Krichene 2002; Askari and Krichene 2010</ref>.		REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA 2008a</ref>; <ref>IEA 2009</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl and Duggan 1998; Krichene 2002; Askari and Krichene 2010</ref>.

	<figure id="fig:REMIND_5">		<figure id="fig:REMIND_5">

Laura Delsa at 12:54, 3 February 2017

2017-02-03T12:54:42Z

← Older revision		Revision as of 14:54, 3 February 2017
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	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

	For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA 2009</ref>.		For uranium, extraction costs follow a third-order polynomial parameterization. The amount of available uranium is limited to 23 Mt. This resource potential includes reserves, conventional resources, and a conservative estimate of unconventional resources <ref>NEA (2009) Uranium 2009: Resources, Production and Demand. OECD</ref>.

	REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA 2008a; IEA 2009</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl and Duggan 1998; Krichene 2002; Askari and Krichene 2010</ref>.		REMIND prescribes decline rates for the extraction of coal, oil, and gas. In the case of oil and gas, these are dynamic extraction constraints based on data published by the International Energy Agency <ref>IEA 2008a; IEA 2009</ref>. An additional dynamic constraint limits the extraction growth of coal, oil, and gas to 10% per year. In addition, we use adjustment costs to represent short-term price markups resulting from rapid expansion of resource production <ref>Dahl and Duggan 1998; Krichene 2002; Askari and Krichene 2010</ref>.

Laura Delsa at 12:53, 3 February 2017

2017-02-03T12:53:47Z

← Older revision		Revision as of 14:53, 3 February 2017
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	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR (2010) Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen 2010 - Kurzstudie. Bundesanstalt für Geowissenschaften und Rohstoffe (BGR), Hannover, Germany</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.		REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR (2010) Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen 2010 - Kurzstudie. Bundesanstalt für Geowissenschaften und Rohstoffe (BGR), Hannover, Germany</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA (2012) Upstream Capital Cost Index (UCCI) and Upstream Operating Cost Index (UOCI). In: IHS Indexes. http://www.ihs.com/info/cera/ihsindexes/index.aspx. Accessed 20 Nov 2012 </ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.

	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

Laura Delsa at 11:42, 3 February 2017

2017-02-03T11:42:15Z

← Older revision		Revision as of 13:42, 3 February 2017
Line 6:		Line 6:
	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. ~~2012~~</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.		REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR (2010) Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen 2010 - Kurzstudie. Bundesanstalt für Geowissenschaften und Rohstoffe (BGR), Hannover, Germany</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.

	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

Laura Delsa at 11:38, 3 February 2017

2017-02-03T11:38:48Z

← Older revision		Revision as of 13:38, 3 February 2017
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	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera ~~et al~~. 2009</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.		REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera RF, Eggert RG, C. C. GL, Tilton JE (2009) Depletion and the Future Availability of Petroleum Resources. The Energy Journal Volume 30:141–174</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.

	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

Laura Delsa at 11:37, 3 February 2017

2017-02-03T11:37:48Z

← Older revision		Revision as of 13:37, 3 February 2017
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	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner 1997</ref>; <ref>Aguilera et al. 2009</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner et al. ~~2012~~</ref>.		REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner H-H (1997) An assessment of world hydrocarbon ressources. Annual Review of Energy and the Environment 22:217–262. doi: 10.1146/annurev.energy.22.1.217 </ref>; <ref>Aguilera et al. 2009</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner H-H, Aguilera RF, Archer CL, et al (2012) Chapter 7: Energy Resources and Potentials. In: Zou J (ed) Global Energy Assessment - Toward a Sustainable Future. Cambridge University Press, Cambridge, UK, pp 425–512</ref>.

	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.

Laura Delsa at 11:36, 3 February 2017

2017-02-03T11:36:32Z

← Older revision		Revision as of 13:36, 3 February 2017
Line 6:		Line 6:
	== Exhaustible resources ==		== Exhaustible resources ==

	REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner 1997</ref>; <ref>Aguilera et al. 2009</ref>; <ref>BGR 2010; Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012; Rogner et al. 2012</ref>.		REMIND characterizes exhaustible resources such as coal, oil, gas, and uranium in terms of extraction cost curves. Fossil resources (e.g., oil, coal, and gas) are further defined by decline rates and adjustment costs <ref>Bauer N, Mouratiadou I, Luderer G, et al (2013) Global fossil energy markets and climate change mitigation – an analysis with REMIND. Climatic Change in press. doi: 10.1007/s10584-013-0901-6</ref>. Extraction costs increase over time as low-cost deposits become exhausted <ref>Herfindahl OC (1967) Depletion and Economic Theory. In: Extractive Resources and Taxation. M. Gaffney (Ed.), University of Wisconsin Press, Madison, Wisconsin</ref>, <ref>Rogner 1997</ref>; <ref>Aguilera et al. 2009</ref>; <ref>BGR 2010</ref>; <ref>Rogner et al. 2012</ref>. In REMIND, we use region-specific extraction cost curves that relate production cost increases to cumulative extraction <ref>IHS CERA 2012</ref>; <ref>Rogner et al. 2012</ref>.

	<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.		<xr id="fig:REMIND_5"/> shows extraction cost curves at the global level as implemented for various SSPs. More details on the underlying data and method will be presented in a separate pape <ref>Bauer et al. under review</ref>. The default scenario used in REMIND is SSP2 (“Middle-of-the-Road”). In the model, these fossil extraction cost input data are approximated by piecewise linear functions that are employed for fossil resource extraction curves. Additionally, as a scenario choice, it is possible to make oil and gas extraction cost curves time dependent. This means that resources and costs may increase or decrease over time depending on expected future conditions such as technological and geopolitical changes.