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Design of a liquid fuels supply model for U.S. policy analysis

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Listed:
  • Barhen, J.
  • Alsmiller, R.G.
  • Weisbin, C.R.
  • Morra, F.
  • Kuuskraa, V.A.
  • Nesbitt, D.M.
  • Philips, R.L.
  • Morra, F.

Abstract

A strategic goal of highest priority for DOE's Fossil Energy Program is to reduce U.S. energy supply vulnerability to the economic and security implications of reliance upon scarce and increasingly expensive conventional petroleum resources, by developing the knowledge base for alternative supply technologies. To further the understanding of how explicit and implicit technological, economic and behavioral variables affect our capability to confidently develop options to deal with such fundamental policy issues which have long term consequences, the Division of Policy and Strategic Planning in the Office of Fossil Energy of the U.S. Department of Energy (DOE/FE) has sponsored the development of a comprehensive Liquid Fuels Supply (LFS) model. Particularly important features of this model include the disaggregation of the constituent liquid supply technologies, the extensive review and documentation of the data associated with the model, and the capability to treat explicitly the dynamics of investment decisions and technological change.

Suggested Citation

  • Barhen, J. & Alsmiller, R.G. & Weisbin, C.R. & Morra, F. & Kuuskraa, V.A. & Nesbitt, D.M. & Philips, R.L. & Morra, F., 1983. "Design of a liquid fuels supply model for U.S. policy analysis," Energy, Elsevier, vol. 8(3), pages 169-197.
    • Handle: RePEc:eee:energy:v:8:y:1983:i:3:p:169-197
    DOI: 10.1016/0360-5442(83)90070-1
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    References listed on IDEAS

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    1. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39, pages 137-137.
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