The Oil Security Metrics Model: A Tool for Evaluating the Prospective Oil Security Benefits of DOE's Energy Efficiency and Renewable Energy R&D Programs
“…According to an analysis by Greene and Leiby (2006) at ORNL, oil security benefits can be estimated using an Oil Security Metric Model that they developed. An economic value can be assigned to oil security that reflects the potential reduction (as a consequence of the VTO Program) in damage done to the U.S. economy by oil supply disruptions.…”
Section: Results Of Modeling: Overall Benefits For the Vehicle Technomentioning
“…According to an analysis by Greene and Leiby (2006) at ORNL, oil security benefits can be estimated using an Oil Security Metric Model that they developed. An economic value can be assigned to oil security that reflects the potential reduction (as a consequence of the VTO Program) in damage done to the U.S. economy by oil supply disruptions.…”
Section: Results Of Modeling: Overall Benefits For the Vehicle Technomentioning
“…29,30 The fi rst measure is the cost of oil imports relative to gross domestic product (GDP), as shown in Figure 5.10 . The economic impacts over time of importing oil have been measured in two ways.…”
Section: Consideration 1: Cost Of D Ependence On I Mported O Ilmentioning
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