XVI.b Balancing imports costs

Title: XVI.b Balancing imports costs

Content: The balancing imports spreadsheet describes how much Oil, Gas and Coal are imported. 

The imports are always sufficient to meet demand for solid, liquid and gasous fuels after any bio- and domestic sources have been used. Those calculations are carried out in the 'year' worksheets (labeled 2007-2050).

Note that the model does not assume any limit to the quantity of each fuel that could be imported.

See also:

# XV.b Indigenous fossil-fuel production 

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 Aumptions

# Exports earn the same cost as imports
# Fossil fuel prices follow DECC projections to 2030, then remain constant at the 2030 projected value.

h1 Questions for Stakeholders

# Is it reasonable to assume the UK could cecome and exporter of coal?
# Is it reasonable to assume exports are the same price as imports?

h1 General Comments

Please use this space to make any general comments. Please add your name when commenting.

h1 Contacts

# 2050 Team: Tom Counsell

Category: Sector by sector cost assumptions



User: Joseph Downie

Picture updated at: 

Signed off by: 

Signed off at:

Title: XVI.b Balancing imports costs

Content: The balancing imports spreadsheet describes how much Oil, Gas and Coal are imported. 

The imports are always sufficient to meet demand for solid, liquid and gasous fuels after any bio- and domestic sources have been used. Those calculations are carried out in the 'year' worksheets (labeled 2007-2050).

Note that the model does not assume any limit to the quantity of each fuel that could be imported.

See also:

# XV.b Indigenous fossil-fuel production 

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 2030-2050
# 2050 working assumption Coal Price 2030-2050
# 2050 working assumption Gas Price 2030-2050

h1 Aumptions

# Exports earn the same cost as imports
# Fossil fuel prices follow DECC projections to 2030, then remain constant at the 2030 projected value.

h1 Questions for Stakeholders

# Is it reasonable to assume the UK could cecome and exporter of coal?
# Is it reasonable to assume exports are the same price as imports?

h1 General Comments

Please use this space to make any general comments. Please add your name when commenting.

h1 Contacts

# 2050 Team: Tom Counsell

Category: Sector by sector cost assumptions



User: Tom Counsell

Picture updated at: 

Signed off by: 

Signed off at: