Capital requirements and capital formation for various assumed U. S. energy supply patterns

Book · Thu Jan 01 04:00:00 EST 1976

OSTI ID:7237533

Deonigi, D E; Broehl, J H; Foley, T J; Rao, S A

Developing alternative energy supply systems within this century will involve enormous investments of capital. An important factor in assessing the ultimate feasibility of developing such alternative systems, therefore, is the timely availability of the requisite capital resources. Using a specially modified version of EXPLOR MULTITRADE-85, a mathematical model designed for medium- to long-range forecasting of entire national economies, a brief study was undertaken to appraise the probability and magnitude of this predicted shortage of capital. The objective was to quantify the potential shortfall under three hypothesized scenarios: (A) meeting increasing energy demand by business-as-usual development of existing systems and resources and by importation; (B) introducing new energy-supply-system technology so as to meet 7 percent of certain domestic requirements by 1990 and 10 percent by the year 2000; and (C) introducing new technology so as to meet 5 percent of certain energy requirements by 1980, 10 percent by 1990, and 15 percent by 2000. All scenarios assumed deregulation of gas and oil prices by 1980. Simultaneous development of five new technology energy supply systems was considered in (B) and (C): recovery of oil from shale deposits, with the product going to existing petroleum refining channels; production of synthetic crude from coal, with, again, the product going to existing petroleum refining channels; desulfurization of coal, with the product going to coal-fueled electric utilities; production of synthetic high-Btu gas from coal, with the product going to existing gas distribution systems; and production of synthetic low-Btu gas from coal, with the product going to oil-fired electric utilities.

• OSTI ID: 7237533
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
BITUMINOUS MATERIALS
CAPITAL
CARBONACEOUS MATERIALS
CHEMICAL REACTIONS
COAL
DEMAND FACTORS
DESULFURIZATION
ECONOMY
ENERGY DEMAND
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
HIGH BTU GAS
LOW BTU GAS
MATHEMATICAL MODELS
NORTH AMERICA
OIL SHALES
PLANNING
POWER GENERATION
PRODUCTION
RECOVERY
SYNTHETIC FUELS
SYNTHETIC PETROLEUM
TRADE
USA