Volatility of Derived Demand in Industrial Markets and Its Management Implications

1984 ◽  
Vol 48 (4) ◽  
pp. 95-103 ◽  
Author(s):  
William S. Bishop ◽  
John L Graham ◽  
Michael H. Jones
Keyword(s):  
Fossil Fuels ◽  
Fossil Fuel ◽  
Sales Performance ◽  
Production Equipment ◽  
Marketing Strategies ◽  
Fuel Production ◽  
Management Implications ◽  
Industrial Firms ◽  
Industrial Markets ◽  
Derived Demand

Despite its importance, the volatility of derived demand in industrial markets has not been studied by marketing scholars. Here we present a description of how fluctuations in demand for fossil fuels during recent years have caused precipitous changes in demand for turbomachinery equipment used to produce the fuels. This volatility in demand for fossil fuel production equipment is viewed both from the perspective of industry and that of five individual companies. Finally, a number of marketing strategies that can serve to dampen otherwise volatile sales performance are proposed for industrial firms.

scholarly journals Trends in fossil fuel extraction

2021 ◽  
Author(s):  
Ploy Achakulwisut ◽  
Peter Erickson
Keyword(s):  
Climate Change ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Oil And Gas ◽  
Ghg Emissions ◽  
Vice President ◽  
The United States ◽  
Gas Production ◽  
Fuel Production ◽  
Phase Out

At present, most global GHG emissions – over 75% – are from fossil fuels. By necessity, reaching net zero emissions therefore requires dramatic reductions in fossil fuel demand and supply. Though fossil fuels have not been explicitly addressed by the UN Framework on Climate Change, a conversation has emerged about possible “supply-side” agreements on fossil fuels and climate change. For example, a number of countries, including Denmark, France, and New Zealand, have started taking measures to phase out their oil and gas production. In the United States, President Joe Biden has put a pause on new oil and gas leasing on federal lands and waters, while Vice President Kamala Harris has previously proposed a “first-ever global negotiation of the cooperative managed decline of fossil fuel production”. This paper aims to contribute to this emerging discussion. The authors present a simple analysis on where fossil fuel extraction has happened historically, and where it will continue to occur and expand if current economic trends continue without new policy interventions. By employing some simple scenario analysis, the authors also demonstrate how the phase-out of fossil fuel production is likely to be inequitable among countries, if not actively and internationally managed.

scholarly journals Traversing the mountaintop: world fossil fuel production to 2050

2009 ◽  
Vol 364 (1532) ◽  
pp. 3067-3079 ◽  
Author(s):  
Richard Nehring
Keyword(s):  
Energy Demand ◽  
Energy Production ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Past Century ◽  
World Population ◽  
Fuel Production ◽  
Half Century ◽  
The Past ◽  
Per Capita

During the past century, fossil fuels—petroleum liquids, natural gas and coal—were the dominant source of world energy production. From 1950 to 2005, fossil fuels provided 85–93% of all energy production. All fossil fuels grew substantially during this period, their combined growth exceeding the increase in world population. This growth, however, was irregular, providing for rapidly growing per capita production from 1950 to 1980, stable per capita production from 1980 to 2000 and rising per capita production again after 2000. During the past half century, growth in fossil fuel production was essentially limited by energy demand. During the next half century, fossil fuel production will be limited primarily by the amount and characteristics of remaining fossil fuel resources. Three possible scenarios—low, medium and high—are developed for the production of each of the fossil fuels to 2050. These scenarios differ primarily by the amount of ultimate resources estimated for each fossil fuel. Total fossil fuel production will continue to grow, but only slowly for the next 15–30 years. The subsequent peak plateau will last for 10–15 years. These production peaks are robust; none of the fossil fuels, even with highly optimistic resource estimates, is projected to keep growing beyond 2050. World fossil fuel production per capita will thus begin an irreversible decline between 2020 and 2030.

Just cuts for fossil fuels? Supply-side carbon constraints and energy transition

2019 ◽  
Vol 52 (6) ◽  
pp. 1072-1092 ◽  
Author(s):  
Philippe Le Billon ◽  
Berit Kristoffersen
Keyword(s):  
Fossil Fuels ◽  
Fossil Fuel ◽  
Oil And Gas ◽  
Energy Transition ◽  
Economic Consequences ◽  
Production Costs ◽  
Carbon Intensity ◽  
Supply Side ◽  
Fuel Production ◽  
Financial Flows

Reducing greenhouse gas emissions has generally been approached through demand-side initiatives, yet there are increasing calls for supply-side interventions to curtail fossil fuel production. Pursuing energy transition through supply-side constraints would have major geopolitical and economic consequences. Depending on the criteria and instruments applied, supply cuts for fossil fuels could drastically reduce and reorient major financial flows and reshape the spatiality of energy production and consumption. Building on debates about just transitions and supply constraints, we provide a survey of emerging interventions targeting the supply of, rather than the demand for, fossil fuels. We articulate four theories of justice and criteria to prioritize cuts among fossil fuel producers, including with regard to carbon intensity, production costs, affordability, developmental efficiency and support for climate change action. We then examine seven major supply constraint instruments, their effectiveness and possible pathways to supply cuts in the coal, oil and gas sectors. We suggest that supply cuts both reflect and offer purposeful political spaces of interventions towards a ‘just’ transition away from fossil fuel production.

Volatility of Derived Demand in Industrial Markets and Its Management Implications

1984 ◽  
Vol 48 (4) ◽  
pp. 95 ◽  
Author(s):  
William S. Bishop ◽  
John L. Graham ◽  
Michael H. Jones
Keyword(s):  
Management Implications ◽  
Industrial Markets ◽  
Derived Demand

Remarks by Kevin D. Mohr

2020 ◽  
Vol 114 ◽  
pp. 11-22
Author(s):  
Kevin D. Mohr ◽  
Gabriela Alvarez Avila ◽  
Carlos Solé ◽  
Kasturi Das
Keyword(s):  
World Economy ◽  
Fossil Fuels ◽  
Dispute Settlement ◽  
Fossil Fuel ◽  
Renewable Energy Sources ◽  
Climate Scenarios ◽  
Fuel Production ◽  
Worst Case ◽  
Hydrocarbon Production ◽  
The World

The title of our panel promises to explore whether investor-state dispute settlement (ISDS) is a barrier, a facilitator, or neither regarding the global fight against climate change. This is an issue of urgent concern because there is a growing consensus that the world economy needs to transition away from fossil fuels aggressively to avoid the worst case climate scenarios, which would require a massive flow of investment out of fossil fuel production and into the production of renewable energy sources (RES). Broadly speaking, state policymakers have two sets of tools at their disposal to encourage that transition: (1) tools to encourage investment in RES (carrots); and (2) tools to discourage investment and hasten divestment in hydrocarbon production (sticks). One way to frame the question is whether the ISDS system—designed as it is to protect foreign investment in a largely policy-neutral way—acts more as a facilitator of carrot-side policies, more as a barrier to stick-side policies, or neither? Put somewhat differently, does a strong ISDS system that would facilitate RES investment necessarily cause regulatory chill of stick-side policies aimed at divestment from fossil fuels, or is there a way to harmonize these seemingly divergent goals?

scholarly journals Projecting the global impact of fossil fuel production from the Former Soviet Union

2021 ◽  
Author(s):  
Steve Mohr ◽  
Jianliang Wang ◽  
James Ward ◽  
Damien Giurco
Keyword(s):  
Soviet Union ◽  
Former Soviet Union ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Demand Model ◽  
Fuel Production ◽  
Global Impact ◽  
The World ◽  
Recoverable Resources ◽  
High Scenario

AbstractDetailed projections of the Former Soviet Union (FSU) fossil fuel production has been created. Russian production has been modelled at the region (oblast) level where possible. The projections were made using the Geologic Resource Supply-Demand Model (GeRS-DeMo). Low, Best Guess and High scenarios were created. FSU fossil fuels are projected to peak between 2027 and 2087 with the range due to spread of Ultimately Recoverable Resources (URR) values used. The Best Guess (BG) scenario anticipates FSU will peak in 2087 with production over 170 EJ per year. The FSU projections were combined with rest of the world projections (Mohr et al. 2015b), the emissions from the High scenario for the world are similar to the IPCC A1 AIM scenario.

Energy After COVID

2020 ◽  
Vol 119 (820) ◽  
pp. 317-322
Author(s):  
Michael T. Klare
Keyword(s):  
Renewable Energy ◽  
Electric Vehicles ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
White Collar ◽  
Peak Oil ◽  
Business Travel ◽  
Reduce Energy Consumption ◽  
The Cost ◽  
Energy Companies

By transforming patterns of travel and work around the world, the COVID-19 pandemic is accelerating the transition to renewable energy and the decline of fossil fuels. Lockdowns brought car commuting and plane travel to a near halt, and the mass experiment in which white-collar employees have been working from home may permanently reduce energy consumption for business travel. Renewable energy and electric vehicles were already gaining market share before the pandemic. Under pressure from investors, major energy companies have started writing off fossil fuel reserves as stranded assets that are no longer worth the cost of extracting. These shifts may indicate that “peak oil demand” has arrived earlier than expected.

Editor in Chief’s Note on the Green Hydrogen Fuel from Solar / Wind Power

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Seyed Ehsan Hosseini
Keyword(s):  
Solar Wind ◽  
Crude Oil ◽  
Fossil Fuels ◽  
Sustainable Energy ◽  
Green Energy ◽  
Hydrogen Fuel ◽  
Fuel Production ◽  
Crude Oil Prices ◽  
Trade War ◽  
The Cost

Renewable and sustainable energy has an evolving story as the ongoing trade war in the word is influencing crude oil prices. Moreover, the global warming is an inevitable consequence of the worldwide increasing rate of fossil fuel utilization which has persuaded the governments to invest on the clean and sustainable energy resources. In recent years, the cost of green energy has tumbled, making the price of renewables competitive to the fossil fuels. Although, the hydrogen fuel is still extremely expensive compared to the crude oil price, investigations about clean hydrogen fuel production and utilization has been developed significantly which demonstrate the importance of the hydrogen fuel in the future. This article aims to scrutinize the importance of green hydrogen fuel production from solar/wind energy.

FOSSIL FUEL ENVIRONMENTAL CONTAMINATION: A STRATEGY USING RADIOCARBON, N-ALKANES, AND ALGAE

Radiocarbon ◽  
2021 ◽  
pp. 1-9
Author(s):  
Túlio César Aguiar Silva ◽  
Carla Carvalho ◽  
Bruno Libardoni ◽  
Kita Macario ◽  
Felippe Braga de Lima ◽  
...  
Keyword(s):  
Mass Spectrometry ◽  
Gas Chromatography ◽  
Environmental Contamination ◽  
Aquatic Ecosystems ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Maximum Intensity ◽  
Effective Technique ◽  
The World ◽  
Work Samples

ABSTRACT Fossil fuels are of utmost importance to the world we live in today. However, their use can cause major impacts on the environment, especially on water resources. In this regard, algae have been intensively used as a strategy for remediation and monitoring of environmental pollution due to its efficient absorption of contaminants. In this work, samples of seaweed collected in Niterói/RJ—contaminated with kerosene and diesel—were analyzed by radiocarbon (14C) accelerator mass spectrometry (AMS) and by n-alkane quantification with gas chromatography to evaluate bioaccumulation in function of the dosage of contaminants. The biogenic content measured by radiocarbon analysis resulted in 95.6% for algae contaminated with 10 mL of kerosene and 67.6% for algae contaminated with 10 mL of diesel. The maximum intensity of n-C17 n-alkane in algae with 5 mL, 10 mL, and 15 mL of diesel was 768.2, 1878.1, and 5699.2 ng.g-1, respectively. While the maximum concentration of n-C27 in algae with 5 mL, 10 mL and 15 mL of kerosene was 3.3, 35.9, and 150.3 ng.g-1. We concluded that, for both contaminants, their incorporation into algae increases as the contamination dosage increases, making this methodology an effective technique for monitoring and remediation of urban aquatic ecosystems.

Quitting (The) Habit: Fossil Fuels, Governmentality and the Politics of Energy Dependency

2021 ◽  
Vol 103 (103) ◽  
pp. 63-77
Author(s):  
Imre Szeman
Keyword(s):  
Specific Energy ◽  
Fossil Fuels ◽  
Energy Use ◽  
Fossil Fuel ◽  
Daily Life ◽  
Practice Theory ◽  
State Power ◽  
System Change ◽  
Analytic Tool ◽  
Energy Dependency

This paper investigates habit in relation to fossil-fuel dependency. Habit names sets of actions and practices that are deeply codified into daily life, including practices connected to the use of large amounts of energy. Developing an understanding of energy habits appears to constitute a possible site of intervention into the ongoing use of fossil fuels. I argue that by tending to focus on individual energy practices, habit makes it difficult to raise larger, systemic questions related to energy use. Indeed, more critical explorations of habit, such as practice theory or via Bourdieu's notion of habitus, emphasise the need to attend to system more than specific energy habits. Investigating habit in relation to energy does, however, reveal some of the current limits and problems involved in changing fossil-fuel dependency on the part of many states. The paper turns to an investigation of the operations of governmentality in relation to energy to show the multiple ways in which the contemporary configuration of state power makes it unable to fully attend to fossil-fuel dependency. Making small changes to energy use via changes to energy habit never results in the system change required. While habit can thus be a useful analytic tool in understanding state power in relation to energy use, the paper argues that it is not a mechanism through which one might fundamentally change current configurations of energy dependency.

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