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The status of conventional world oil reserves—Hype or cause for concern?

Dates

Year
2010

Citation

Owen, N.A., Inderwildi, O.R., and King, D.A., 2010, The status of conventional world oil reserves—Hype or cause for concern?: Energy Policy, v. 38, iss. 8, p. 4743-4749.

Summary

We have developed a state-scale version of the MARKAL energy optimization model, commonly used to model energy policy at the US national scale and internationally. We apply the model to address state-scale impacts of a renewable electricity standard (RES) and a carbon tax in one southeastern state, Georgia. Biomass is the lowest cost option for large-scale renewable generation in Georgia; we find that electricity can be generated from biomass co-firing at existing coal plants for a marginal cost above baseline of 0.2-2.2 cents/kWh and from dedicated biomass facilities for 3.0-5.5 cents/kWh above baseline. We evaluate the cost and amount of renewable electricity that would be produced in-state and the amount of out-of-state renewable [...]

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Communities

  • Western Energy Citation Clearinghouse

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Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 03014215

Citation Extension

journalEnergy Policy
parts
typePages
value4743-4749
typeVolume
value38
typeIssue
value8
citationTypeJournal Article

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