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Title: 2050 Indigenous fossil-fuel production costs Content: See 2050 BALANCING IMPORTS COSTS User: Tom Counsell Picture updated at: Signed off by: Signed off at: |
Title: XV.b Indigenous fossil-fuel production costs Content: The indigenous fossil-fuel worksheet describes how much oil, gas and coal are extracted from the UK. There are three scenarios, which vary in how much effort is put into extracting the remaining UK reserves. See also: # XVI.b Balancing imports costs h1 Source data Forecasts of fossil fuel prices: # Oil Price cost data # Coal Price cost data # Gas Price cost data Explanation of our working assumption: # 2050 working assumption oil price 2010-2050 # 2050 working assumption coal price 2010-2050 # 2050 working assumption gas price 2010-2050 h1 Modelling approach # Make a simplifying assumption that domestic production costs the same as imports (this assumes that we extract whatever is economic). # Assume that the same price applies at all times h1 Contact # 2050 Team: Tom Counsell h1 Discussion # Should we attempt to cost this on the basis of actual extraction costs? Category: Sector by sector cost assumptions h1 General Comments Please use this space to make any general comments. Please add your name when commenting. User: Joseph Downie Picture updated at: Signed off by: Signed off at: |