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Ongoing ascent to the helium production plateau—insights from system dynamics

Cai, Zhiming; Clarke, Richard H.; Glowacki, Bartek A.; Nuttall, William J. and Ward, Nick (2010). Ongoing ascent to the helium production plateau—insights from system dynamics. Resources Policy, 35(2) pp. 77–89.

URL: http://www.sciencedirect.com/science/article/pii/S...
DOI (Digital Object Identifier) Link: http://dx.doi.org/10.1016/j.resourpol.2009.10.002
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Abstract

Recent, pre-downturn, disturbance in the global helium market can be traced to the tight supply–demand position, which characterizes today’s changing helium supply structure. A detailed System Dynamics model provides fresh insight into the helium question and suggests a production path that is closely associated with future natural gas production. Venting of un-extracted helium to the atmosphere remains a central issue. The model indicates that improving resource exploitation strategies might extend a production plateau that emerges in the 2030s. Substitution will result in more helium being vented. To mitigate this, the industry needs to ensure security of supply (particularly after the Bureau of Land Management reserve is sold).

Item Type: Journal Article
Copyright Holders: 2009 Elsevier Ltd.
ISSN: 0301-4207
Keywords: helium; exhaustible resources; system dynamics; market model
Academic Unit/Department: Mathematics, Computing and Technology > Engineering & Innovation
Item ID: 35419
Depositing User: William Nuttall
Date Deposited: 16 Nov 2012 09:59
Last Modified: 29 Oct 2013 14:19
URI: http://oro.open.ac.uk/id/eprint/35419
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