A highly aggregated model of the energy economy links supply and use in the United Kingdom at a future time when naturally occurring oil has become uneconomic compared with the alternatives. Published forecasts of costs and efficiencies are used as a reference about which wide variations of values are investigated. The objective is to discover whether a robust preference can be expressed, on cost grounds, for electric or liquid fueled road transport despite uncertainty in the individual estimates.


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    Title :

    The Allocation of Transport Fuels to Minimise Costs


    Contributors:

    Publication date :

    1980


    Size :

    47 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English