Showing 1 - 10 of 26
One of useful metrics for analyzing the production of fossil fuels in China is Energy Return on (Energy) Investment (EROI). Various measures of this index are declining. The EROI for China's oil and natural gas production sector fluctuated from 12 to 14:1 in the mid-1990s, and declined to 10:1...
Persistent link: https://www.econbiz.de/10010808009
Due to the expected importance of unconventional oil in China's domestic oil supply, this paper first investigates the four types of China's unconventional oil resources comprehensively: heavy and extra-heavy oil, oil sands, broad tight oil and kerogen oil. Our results show that OIP...
Persistent link: https://www.econbiz.de/10011209427
China's energy supply is dominated by coal, making projections of future coal production in China important. Recent forecasts suggest that Chinese coal production may reach a peak in 2010–2039 but with widely differing peak production levels. The estimated URR (ultimately recoverable...
Persistent link: https://www.econbiz.de/10011054026
Many people believe that China's economic growth can continue almost indefinitely. For a manufacturing-based economy such as China's to continue to grow, it needs an adequate supply of inexpensive energy. To date, this energy growth has primarily come from coal, but China's indigenous coal...
Persistent link: https://www.econbiz.de/10011046862
In order to achieve energy consumption targets, and subsequently reduce carbon emissions, China is working on energy strategies and policies aimed at actively increasing the consumption of natural gas—the lowest carbon energy of the fossil fuels, and to enhance the proportion of gas in total...
Persistent link: https://www.econbiz.de/10011047130
This paper introduces two typical multicyclic models: the Hubbert model and the Generalized Weng model. The model-solving process of the two is expounded, and it provides the basis for an empirical analysis of the world's conventional oil production. The results for both show that the world's...
Persistent link: https://www.econbiz.de/10010572739
In China there has been considerable discussion of how one should express the efficiency of energy conversion and production. Energy return on investment (EROI) can be useful for this because its methodology is based on outputs and inputs. Unfortunately, similar to the rest of the world, most of...
Persistent link: https://www.econbiz.de/10009372096
As the world's second largest oil importer, China has been one of the important factors which affect the global oil market. In recent years, China has attained great international trade surplus through exporting a large number of “Made in China” products even during the global economic...
Persistent link: https://www.econbiz.de/10011053190
As China’ largest oilfield, Daqing is of great importance to China, this paper analyzes the status of the Daqing oilfield and forecasts its ultimate recoverable reserves by use of the URR model. The forecast results are presented for three scenarios which show that the ultimate recoverable...
Persistent link: https://www.econbiz.de/10011055112
Peak oil research and the Association for the Study of Peak Oil and Gas (ASPO) have contributed a great deal to improve people's recognition of peak oil. Although peak oil is becoming a part of public recognition, it is still hard to say whether peak oil discussion will develop into a theory...
Persistent link: https://www.econbiz.de/10005022686