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Comment on the 'Uppsala critique'

McGlade, CE; (2014) Comment on the 'Uppsala critique'. Energy Policy , 67 pp. 154-158. 10.1016/j.enpol.2013.11.036. Green open access

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Abstract

This paper discusses the criticisms of the IEA World Energy Outlook raised by Aleklett et al. (2010), often referred to as the 'Uppsala critique'. The major argument of Aleklett et al. is that the rates of depletion, the ratio of annual production to remaining resources or reserves, assumed by the IEA in certain categories of fields are unreasonable. In this paper, we call into question the reductions in future global oil production that Aleklett et al. argue are necessary: they have incorrectly applied a depletion rate for all fields within a region to different subsets of fields within a region. The more minor reductions to future global oil production that Aleklett et al. argue are needed because of the IEA modelling of the production of bitumen and natural gas liquids are also examined briefly. © 2013 The Author.

Type: Article
Title: Comment on the 'Uppsala critique'
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.enpol.2013.11.036
Publisher version: http://dx.doi.org/10.1016/j.enpol.2013.11.036
Additional information: © 2013 The Author. Published by Elsevier Ltd. All rights reserved. This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivative Works License, which permits non-commercial use, distribution, and reproduction in any medium, provided the original author and source are credited.
Keywords: Future oil supply; Peak oil; Uppsala critique;
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/1419064
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