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EU Petroleum Refining Fitness Check: OURSE Modelling and Results

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Abstract

The OURSE (Oil is Used in Refineries to Supply Energy) model is used to assess ex post the likely impact on the performance and international competitiveness of the EU refineries of the main EU legislation included in the EU Petroleum Refining Fitness Check (REFIT) study. Given the (dis)similar nature of the immediate (i.e. direct) impact mechanisms of the legislation acts on refining industry, the considered directives were grouped into the following three (broader) categories for modelling purposes: 1. Fuel quality specifications change due to the Fuels Quality Directive (FQD) and Marine Fuels Directive (MFD); 2. Demand levels and composition change due to the requirements of the Renewable Energy Directive (RED) and Energy Taxation Directive (ETD); and 3. Sulphur dioxide emissions limits change as implied by the requirements of the Large Combustion Plants Directive (LCPD), Integrated Pollution Prevention and Control Directive (IPPCD) and Air Quality Directive (AQD).

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  • Umed Temurshoev & Marian Mraz & Luis Delgado Sancho & Peter Eder, 2015. "EU Petroleum Refining Fitness Check: OURSE Modelling and Results," JRC Research Reports JRC96207, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc96207
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    1. Umed Temurshoev & Fréderic Lantz, 2016. "Long-term petroleum product supply analysis through a robust modelling approach," Working Papers 2016-003, Universidad Loyola Andalucía, Department of Economics.

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    Keywords

    petroleum refining; modelling; OURSE; partial equilibrium model; optimization model; regulatory fitness check; EU legislation;
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