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Research and Development Fossil Fuel Supply Curves
Descriptions
DECC is looking for a contractor to provide fossil fuel supply curves and projections for demand for fossil fuels (for oil, gas and coal) as key inputs to DECC’s fossil fuel projections to be updated in 2016. The overall purpose of the analysis is to depict long run supply curves for fossil fuels, which will be combined with projections of demand to generate projections for long term fossil fuel prices consistent with the long-run costs of the marginal sources of supply, and to detail the underlying assumptions. This should include reflecting the range of uncertainty over the evolution of supply curves (and demand for fossil fuels) sufficient to construct low and high as well as central projections for long term fossil fuel prices which reflect a plausible and evidence based range and the inherent uncertainty. Overall, it is envisaged that this project will primarily comprise analysis of existing data and modelling that the contractor has collected and developed.
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Possible Competitors
1 Possible Competitors