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.
The Allocation of Transport Fuels to Minimise Costs
1980
47 pages
Report
No indication
English
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