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Multimodel forecasting of non-renewable resources production

Author

Listed:
  • Semenychev, V.K.
  • Kurkin, E.I.
  • Semenychev, E.V.
  • Danilova, A.A.

Abstract

The article addresses the complexities of modelling and forecasting of non-renewable resources production (oil, gas, coal, etc.), by means of combining five production trend models with “custom” asymmetry, as well as with six models of fluctuation components: harmonic, independent from the trend; harmonic, proportional to the trend; simultaneous presence of the first and second models of fluctuation components; harmonic with “weighted amplitude”; “frequency-weighted” harmonics.

Suggested Citation

  • Semenychev, V.K. & Kurkin, E.I. & Semenychev, E.V. & Danilova, A.A., 2017. "Multimodel forecasting of non-renewable resources production," Energy, Elsevier, vol. 130(C), pages 448-460.
    • Handle: RePEc:eee:energy:v:130:y:2017:i:c:p:448-460
    DOI: 10.1016/j.energy.2017.04.098
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    References listed on IDEAS

    as
    1. Semenychev, V.K. & Kurkin, E.I. & Semenychev, E.V., 2014. "Modelling and forecasting the trends of life cycle curves in the production of non-renewable resources," Energy, Elsevier, vol. 75(C), pages 244-251.
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    7. Wang, Jianzhou & Jiang, Haiyan & Zhou, Qingping & Wu, Jie & Qin, Shanshan, 2016. "China’s natural gas production and consumption analysis based on the multicycle Hubbert model and rolling Grey model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 1149-1167.
    8. Brandt, Adam R., 2010. "Review of mathematical models of future oil supply: Historical overview and synthesizing critique," Energy, Elsevier, vol. 35(9), pages 3958-3974.
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