Peaking Dynamics of the Production Cycle of a Nonrenewable Resource.
| Title: | Peaking Dynamics of the Production Cycle of a Nonrenewable Resource. |
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| Authors: | Perissi, Ilaria, Lavacchi, Alessandro, Bardi, Ugo |
| Source: | Sustainability (2071-1050); Apr2023, Vol. 15 Issue 8, p6920, 11p |
| Abstract: | We use a system dynamics model to analyse the cycle of production of a nonrenewable natural resource, with a specific interest in crude oil. This subject has been empirically studied for a long time. However, modelling studies able to correlate the peaking with the parameters of the system have been very rare, and only recently proposed. In the present paper, we examine the timing of the peaking mainly as a function of the energy return for energy invested (EROI). The model provides approximate formulas for evaluating the peak time and "rules of thumb" that are useful for understanding the peaking phenomenon in the exploitation of natural resources. It shows that the peaking of the production curve occurs at a time that is inversely proportional to the EROI of the process at the start of the cycle. [ABSTRACT FROM AUTHOR] |
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| Database: | Complementary Index |
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| Items | – Name: Title Label: Title Group: Ti Data: Peaking Dynamics of the Production Cycle of a Nonrenewable Resource. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Perissi%2C+Ilaria%22">Perissi, Ilaria</searchLink><br /><searchLink fieldCode="AR" term="%22Lavacchi%2C+Alessandro%22">Lavacchi, Alessandro</searchLink><br /><searchLink fieldCode="AR" term="%22Bardi%2C+Ugo%22">Bardi, Ugo</searchLink> – Name: TitleSource Label: Source Group: Src Data: Sustainability (2071-1050); Apr2023, Vol. 15 Issue 8, p6920, 11p – Name: Abstract Label: Abstract Group: Ab Data: We use a system dynamics model to analyse the cycle of production of a nonrenewable natural resource, with a specific interest in crude oil. This subject has been empirically studied for a long time. However, modelling studies able to correlate the peaking with the parameters of the system have been very rare, and only recently proposed. In the present paper, we examine the timing of the peaking mainly as a function of the energy return for energy invested (EROI). The model provides approximate formulas for evaluating the peak time and "rules of thumb" that are useful for understanding the peaking phenomenon in the exploitation of natural resources. It shows that the peaking of the production curve occurs at a time that is inversely proportional to the EROI of the process at the start of the cycle. [ABSTRACT FROM AUTHOR] – Name: Abstract Label: Group: Ab Data: <i>Copyright of Sustainability (2071-1050) is the property of MDPI and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.3390/su15086920 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 11 StartPage: 6920 Titles: – TitleFull: Peaking Dynamics of the Production Cycle of a Nonrenewable Resource. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Perissi, Ilaria – PersonEntity: Name: NameFull: Lavacchi, Alessandro – PersonEntity: Name: NameFull: Bardi, Ugo IsPartOfRelationships: – BibEntity: Dates: – D: 15 M: 04 Text: Apr2023 Type: published Y: 2023 Identifiers: – Type: issn-print Value: 20711050 Numbering: – Type: volume Value: 15 – Type: issue Value: 8 Titles: – TitleFull: Sustainability (2071-1050) Type: main |
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