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Alternative energy sources or integrated alternative energy systems? Oil as a modern lance of Peleus for the energy transition

Alexandre Szklo and Roberto Schaeffer

Energy, 2006, vol. 31, issue 14, 2513-2522

Abstract: In this viewpoint, we discuss the importance of consorting alternative energy sources with oil, and not of opposing them. That is why we introduce the concept of alternative energy systems, which we feel is broader-ranging and more effective than alternative energy sources, as this deals with the actual transformation process of the global energy system. Alternative energy systems integrate oil with other energy sources11And even integrate conventional with non-conventional crudes (mostly ultra-heavy crudes), reducing partially the premium perceived by the former in international oil markets. and pave the way for new systems, which will benefit from what we call the “virtues of oil”. They produce energy carriers for multi-fuel and multi-product strategies, where flexibility is a key target, allied to other co-benefits, especially those related to the increased use of renewable energy sources. The concept of alternative energy systems can bring a new light to the oil transition era discussion and might also influence energy policies for promoting renewables.

Keywords: Alternative energy systems; Alternative energy sources; Oil industry; Hydrocarbon gasification (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:31:y:2006:i:14:p:2513-2522

DOI: 10.1016/j.energy.2005.11.001

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