Transition Engineering for Fossil Fuel Decline: An Exploration of the Value Chain
This PhD is focused on building the tools for understanding and engineering the energy transition in the oil industry. The goal is to build a biophysical system dynamics model of the oil production system and use this model to explore the energy transition of the oil supply. The challenge is to use gamification to create an alternative, but understandable and explorable, reality, and to generate real problem solving and adaptive responses from participants so that valid interpretations of different decision, investment and policy pathways can be explored. A novel aspect of this biophysical economics approach is to model the value chain and answer the question of how to value different uses of carbon differently in relation to the essentiality of the production or services provided.
Prof. Susan Krumdieck
Dr Mark Bentley