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dc.contributor.authorNarbel, Patrick A.
dc.contributor.authorHansen, Jan Petter
dc.date.accessioned2014-05-14T07:27:15Z
dc.date.available2014-05-14T07:27:15Z
dc.date.issued2014-03
dc.identifier.issn1500-4066
dc.identifier.urihttp://hdl.handle.net/11250/194981
dc.description.abstractThis study produces an attempt to estimate the cost of future global energy supplies. The approach chosen to address this concern relies on a comparative static exercise of estimating the cost of three energy scenarios representing di erent energy futures. The rst scenario, the business as usual scenario, predicts the future energy-mix based on the energy plans held by major countries. The second scenario is the renewable energy scenario, where as much of the primary energy supply as possible is replaced by renewable energy by 2050. The cost of the renewable energy generating technologies and their theoretical potential are taken into account in order to create a plausible scenario. The third scenario, the nuclear case, is based on the use of nuclear and renewable energy to replace fossil-fuels by 2050. Endogenous learning rates for each technology are modeled using an innovative approach where learning rates are diminishing overtime. It results from the analysis that going fully renewable would cost between -0.4 and 1.5% of the global cumulated GDP over the period 2009-2050 compared to a business as usual strategy. An extensive use of nuclear power can greatly reduce this gap in costs.nb_NO
dc.language.isoengnb_NO
dc.publisherFORnb_NO
dc.relation.ispartofseriesDiscussion paper;14/14
dc.subjectprimary energy supplynb_NO
dc.subjectexperience curvenb_NO
dc.subjectscenarionb_NO
dc.titleEstimating the cost of future global energy supplynb_NO
dc.typeWorking papernb_NO


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