Fuel Markets Modeling

We use gTech to answer strategic questions about fossil fuels and biofuels production, demand, and transportation including by pipelines. This tool allows us to offer insight into the implications of fuel supply, demand, and transportation decisions and federal and provincial policy constraints on:

  • Oil and gas prices at multiple trading hubs
  • Global and regional oil and gas production
  • Global and regional oil and gas demand
  • Global and regional greenhouse gas emissions

Characterizing global oil and gas market dynamics

gTech explicitly simulates the global supply and demand for crude oil under various constraints, such as the availability of pipeline infrastructure and alternative global supply options, or the implementation of policies to reduce greenhouse gas emissions. To do this, the model represents:

  • The production of 12 benchmark types of crude oil from around the world
  • Pipeline, tanker and rail transport options
  • Individual processes required to refine crude oil into petroleum products
  • Global and regional demand for refined petroleum products and natural gas, and how demand changes in response to prices
Navius Research uses OIL TRANS to answer strategic questions about oil and gas transportation.

Analyzing biofuels markets

gTech explicitly models the full supply chain for biofuels, from agricultural supply to final consumption. The model can examine various policies, including low-carbon fuel standards; clean fuel standards; renewable fuel requirements; and how various policies implemented at the federal and provincial level are likely to interact when implemented simultaneously.

Related Projects

Client: Ontario Energy Board
Completion Date: 2015
In 2013, Ontario’s Minister of Energy asked the Ontario Energy Board to examine and report on TransCanada’s proposed Energy East Pipeline. We were contracted to provide insight about how the pipeline is likely to affect global greenhouse gas emissions. To conduct the analysis we used the OILTRANS model, which accounts for all major participants in oil markets, from “wells” (crude oil producers) to “wheels” (the final consumers of refined petroleum products). Results from our analysis (Overview and Full Report) were shared with stakeholders during the 2015 consultation process.

Our goal at Navius is to inform your decisions about energy and the environment.
e use the General Equilibrium Energy Model (GEEM) to simulate how all sectors of the economy may evolve under different economic conditions.
Our goal at Navius is to inform your decisions about energy and the environment.
Our goal at Navius is to inform your decisions about energy and the environment.