World energy projection system: Model documentation

Technical Report · Mon Jun 01 00:00:00 EDT 1992

OSTI ID:10149284

The World Energy Project System (WEPS) is an accounting framework that incorporates projects from independently documented models and assumptions about the future energy intensity of economic activity (ratios of total energy consumption divided by gross domestic product) and about the rate of incremental energy requirements met by hydropower, geothermal, coal, and natural gas to produce projections of world energy consumption published annually by the Energy Information Administration (EIA) in the International Energy Outlook (IEO) (Figure 1). Two independently documented models presented in Figure 1, the Oil Market Simulation (OMS) model and the World Integrated Nuclear Evaluation System (WINES) provide projections of oil and nuclear power consumption published in the IEO. Output from a third independently documented model, and the International Coal Trade Model (ICTM), is not published in the IEO but is used in WEPS as a supply check on projections of world coal consumption produced by WEPS and published in the IEO. A WEPS model of natural gas production documented in this report provides the same type of implicit supply check on the WEPS projections of world natural gas consumption published in the IEO. Two additional models are included in Figure 1, the OPEC Capacity model and the Non-OPEC Oil Production model. These WEPS models provide inputs to the OMS model and are documented in this report.

• Research Organization: USDOE Energy Information Administration, Washington, DC (United States). Office of Integrated Analysis and Forecasting
• Sponsoring Organization: USDOE, Washington, DC (United States)
• OSTI ID: 10149284
• Report Number(s): DOE/EIA-M050(92); ON: DE92014206; NC: NONE
• Resource Relation: Other Information: PBD: Jun 1992
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
01 COAL, LIGNITE, AND PEAT
02 PETROLEUM
03 NATURAL GAS
11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS
13 HYDRO ENERGY
15 GEOTHERMAL ENERGY
99 GENERAL AND MISCELLANEOUS//MATHEMATICS, COMPUTING, AND INFORMATION SCIENCE
ENERGY CONSUMPTION
COMPUTER CODES
FORECASTING
GLOBAL ASPECTS
ECONOMY
ENERGY SOURCES
PETROLEUM PRODUCTS
NUCLEAR ENERGY
COAL
NATURAL GAS
GEOTHERMAL ENERGY
HYDROELECTRIC POWER
US ENERGY INFORMATION ADMINISTRATION
GROSS NATIONAL PRODUCT
298000
292000
290201
290400
294000
290600
015000
020700
030600
051000
130500
150500
990200
CONSUMPTION AND UTILIZATION
SUPPLY, DEMAND, AND FORECASTING
ECONOMICS
ENERGY RESOURCES
FOSSIL FUELS
ECONOMIC, INDUSTRIAL, AND BUSINESS ASPECTS
ECONOMIC
INDUSTRIAL AND BUSINESS ASPECTS
MATHEMATICS AND COMPUTERS