This study reviews a variety of growth curve models and the theoretical frameworks that lay behind them. In many systems, growth patterns are, or must, ultimately be subjected to some form of limitation. A number of curve models have been developed to describe and predict such behaviours. Symmetric growth curves have frequently been used for forecasting fossil fuel production, but others have expressed a need for more flexible and asymmetric models.A number of examples show differences and applications of various growth curve models. It is concluded that these growth curve models can be utilised as forecasting tools, but are do not necessarily provide better predictions than any other method. Consequently, growth curve models and other forecasting methods should be used together to provide a triangulated forecast. Furthermore, the growth curve methodology offers a simple tool for resource management to determine what might happen to future production if resource availability poses a problem. In the light of peak oil and the awareness of natural resources as a basis for the continued well-being of society and mankind, resource management should be an important factor in future social planning.
This is an accepted version of a paper published in Energy Policy. This paper has been peer-reviewed but does not include the final publisher proof-corrections or journal pagination.Citation for the published paper: Tang, X., Snowden, S., Höök, M. (2013) "Analysis of energy embodied in the international trade of UK" Energy Policy, Access to the published version may require subscription.
Abstract:Interest in the role embodied energy plays in international trade and its subsequent impact on energy security has grown. As a developed nation, the UK's economic structure has changed from that of a primary producer to that of a primary consumer. Although the UK's energy consumption appears to have peaked, it imports a lot of energy embodied in international trade alongside the more obvious direct energy imports. The UK has seen increasing dependency on imported fossil energy since the UK became a net energy importer in 2005. In this paper an input-output model is established to examine the impact of embodied energy from trade on the UK energy imports. The UK's embodied fossil energy imports have exceeded embodied fossil energy exports every year since 1997. UK embodied energy imports through the so-called 'Made in China' phenomena are the largest accounting for 43% of total net fossil energy imports. If net embodied fossil energy imports are considered, the gap between energy consumption and production in UK is much larger than commonly perceived, with subsequent implications to the UK's energy security.
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