Energy resource endowments - TIAM-UCL
| Corresponding documentation | |
|---|---|
| Previous versions | |
| Model information | |
| Model link | |
| Institution | University College London (UCL), UK, https://www.ucl.ac.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 Table 3.1.1. A supply curve for each type of the sources shown is defined within region. Each step is characterised by the cost of the resource and the total amount of energy available at this cost.
The Resource Module contains these data. The module 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 3.1.1: Non-renewable primary resources
| Technology Description |
| Oil |
| 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 |
| Coal |
| Existing reserves |
| Additional resources |
| Uranium |
| Uranium (dummy) - Reserves |