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Global Oil Depletion: An assessment of the evidence for a near-term peak in global oil production

2009

1-903144-0-35

This report has been produced by the UK Energy Research Centre’s Technology and Policy Assessment (TPA) function. The TPA was set up to address key controversies in the energy field through comprehensive assessments of the current state of knowledge. It aims to provide authoritative reports that set high standards for rigour and transparency, while explaining results in a way that is useful to policymakers. This report summarises the main conclusions from the TPA’s assessment of evidence for global oil depletion. The subject of this assessment was chosen after consultation with energy sector stakeholders and upon the recommendation of the TPA Advisory Group, which is comprised of independent experts from government, academia and the private sector. The assessment addresses the following question: What evidence is there to support the proposition that the global supply of ‘conventional oil’ will be constrained by physical depletion before 2030? The Synthesis Report presents the main findings of this assessment. More detailed results are contained in seven in-depth Technical Reports which are available to download from the UKERC website. [Extracto: Preface]

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