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Oke, O., Huppmann, D. 
ORCID: https://orcid.org/0000-0002-7729-7389, Marshall, M., Poulton, R., & Siddiqui, S.
(2018).
Multimodal Transportation Flows in Energy Networks with an Application to Crude Oil Markets.
Networks and Spatial Economics 1-35. 10.1007/S11067-018-9387-0.
Abstract
Network models of energy markets have been beneficial for analyses and decision-making to tackle challenges related to the production, distribution and consumption of energy in its various forms. Despite the growing awareness of environmental and safety impacts of fuel transfer, such as emissions, spills and other harmful effects, existing energy models for various types of networks are yet to fully capture modal distinctions which are relevant to providing pathways to limiting these impacts. To address this deficit in detailed multimodal analyses, we have built on recent work to develop a partial-equilibrium model that incorporates the representation of multimodal fuel transfer within energy networks. In a novel application to the North American crude oil market, we also demonstrate that our model is a useful tool for exploring avenues for reducing the risks of light and heavy crude oil transportation across this region. The results we obtain indicate that a combined strategy of rail loading restrictions, pipeline deployments and a discontinuation of the oil export ban is most effective in reducing the transportation of crude oil by rail and thereby mitigating the associated risks.
| Item Type: | Article |
|---|---|
| Additional Information: | A complete enumeration of the nodes and arcs, along with the flow calibration details of NACOM are provided in the Supplementary Material document available at https://github.com/MODLJHU/nacom. Data and processing code are also available for download at this location. |
| Uncontrolled Keywords: | Crude-by-rail; Energy networks; Transportation; Market equilibrium; Mixed complementarity problem; Infrastructure |
| Research Programs: | Energy (ENE) |
| Related URLs: | |
| Depositing User: | Romeo Molina |
| Date Deposited: | 08 Feb 2018 08:47 |
| Last Modified: | 27 Aug 2021 17:29 |
| URI: | https://pure.iiasa.ac.at/15106 |
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