An agent-based computational laboratory for exploratory energy policy by means of controlled computational experiments is proposed. It is termed the ACEGES (agent-based computational economics of the global energy system). In particular, it is shown how agent-based modelling and simulation can...

The ACEGES (Agent-based Computational Economics of the Global Energy System) model is an agent-based model of conventional oil production. The model accounts for four key uncertainties, namely Estimated Ultimate Recovery (EUR), estimated growth in oil demand, estimated growth in oil production...

The ACEGES (Agent-based Computational Economics of the Global Energy System) 1.0 model is an agent-based model of conventional oil production for 93 countries. The model accounts for four key uncertainties, namely Estimated Ultimate Recovery (EUR), estimated growth in oil demand, estimated...

The role of unconventional resources (e.g., oil sands and extra-heavy oil) is anticipated to increase in the global oil market. Although we are facing a scarcity of conventional (low cost) oil resources, unconventional oil resources might manage (for a period of time) to supply constraints in...

The overall aim of this paper is to present a developing agent-based computational laboratory, termed the ACEGES (Agent-based Computational Economics of the Global Energy System) laboratory, for the systematic experimental study of the global energy system through the mechanism of Energy...