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Title: FOSSIL2 energy policy model documentation: generic structures of the FOSSIL2 model

Technical Report ·
DOI:https://doi.org/10.2172/6731225· OSTI ID:6731225

This report discusses the structure, derivations, assumptions, and mathematical formulation of the FOSSIL2 model. Each major facet of the model - supply/demand interactions, industry financing, and production - has been designed to parallel closely the actual cause/effect relationships determining the behavior of the United States energy system. The data base for the FOSSIL2 program is large. When possible, all data were obtained from sources well known to experts in the energy field. Cost and resource estimates are based on DOE data whenever possible. This report presents the FOSSIL2 model at several levels. In Volume I, an overview of the basic structures, assumptions, and behavior of the FOSSIL2 model is presented so that the reader can understand the results of various policy tests. The discussion covers the three major building blocks, or generic structures, used to construct the model: supply/demand balance; finance and capital formation; and energy production. These structures reflect the components and interactions of the major processes within each energy industry that directly affect the dynamics of fuel supply, demand, and price within the energy system as a whole.

Research Organization:
Energy and Environmental Analysis, Inc., Arlington, VA (United States); Department of Energy, Washington, DC (USA). Office of Analytical Services
DOE Contract Number:
AC01-79PE70143
OSTI ID:
6731225
Report Number(s):
DOE/PE/70143-02(Vol.1)
Country of Publication:
United States
Language:
English