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2050 working assumption Oil Price 2010

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Showing just the changes made in the edit by Tom Counsell at 2011-11-15 17:26:26 UTC

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2011-11-15

2011-06-30

Title: 2050 working assumption Oil Price  2010-2050 cost data point

Content: We have taken the widest range in the DECC forecasts.

As a simplifying assumption, we have assumed that range is constant rather than expanding over time. This seems plausible due to the past volatility of oil prices.

As a simplifying assumption, we have treated domestic production of oil as costing the same as imports.



User: Tom Counsell

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Cost category: Oil Price cost data

Cost source: 2050 working assumption cost source

Valid for quantity of fuel: 

Valid in year: 2010-2050

Efficiency: 

Life: 

Size: 

Fuel: $(2010)60-153/bbl

Operating: 

Capital: 

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Title: 2050 working assumption Oil Price 2010

Content: Low and High prices from DECC Fossil Fuel Price Projections

As a simplifying assumption, we have treated domestic production of oil as costing the same as imports.

XVI.b Balancing imports costs and XV.b Indigenous fossil-fuel production explain how this assumption is used in the 2050 pathways project.



User: Tom Counsell

Signed off by: 

Signed off at: 

Cost category: Oil Price cost data

Cost source: 2050 working assumption cost source

Valid for quantity of fuel: 

Valid in year: 2010

Efficiency: 

Life: 

Size: 

Fuel: $(2011)82-82/bbl

Operating: 

Capital: 

Default fuel unit: $(2009)/boe

Default operating unit: 

Default capital unit: 

Label: 

Output: