Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels

There is a strong correlation between net energy yield (NEY) and energy return on investment (EROI). Although a few studies have researched the EROI at the extraction level in China, none have calculated the EROI at the point of use (EROIPOU). EROIPOU includes the entire energy conversion chain from...

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Main Authors: Jingxuan Feng, Lianyong Feng, Jianliang Wang
Format: Article
Language:English
Published: MDPI AG 2018-02-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/11/2/313
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author Jingxuan Feng
Lianyong Feng
Jianliang Wang
author_facet Jingxuan Feng
Lianyong Feng
Jianliang Wang
author_sort Jingxuan Feng
collection DOAJ
description There is a strong correlation between net energy yield (NEY) and energy return on investment (EROI). Although a few studies have researched the EROI at the extraction level in China, none have calculated the EROI at the point of use (EROIPOU). EROIPOU includes the entire energy conversion chain from extraction to point of use. To more comprehensively measure changes in the EROIPOU for China’s conventional fossil fuels, a “bottom-up” model to calculate EROIPOU was improved by extending the conventional calculation boundary from the wellhead to the point of use. To predict trends in the EROIPOU of fossil fuels in China, a dynamic function of the EROI was then used to projections future EROIPOU in this study. Results of this paper show that the EROIPOU of both coal (range of value: 14:1–9.2:1), oil (range of value: 8:1–3.5:1) and natural gas (range of value: 6.5:1–3.5:1) display downward trends during the next 15 years. Based on the results, the trends in the EROIPOU of China’s conventional fossil fuels will rapidly decrease in the future indicating that it is more difficult to obtain NEY from China’s conventional fossil fuels.
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spelling doaj.art-7913d1d5014b4422bb75b18cb80667002022-12-22T02:57:18ZengMDPI AGEnergies1996-10732018-02-0111231310.3390/en11020313en11020313Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil FuelsJingxuan Feng0Lianyong Feng1Jianliang Wang2School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, ChinaSchool of Business Administration, China University of Petroleum (Beijing), Beijing 102249, ChinaSchool of Business Administration, China University of Petroleum (Beijing), Beijing 102249, ChinaThere is a strong correlation between net energy yield (NEY) and energy return on investment (EROI). Although a few studies have researched the EROI at the extraction level in China, none have calculated the EROI at the point of use (EROIPOU). EROIPOU includes the entire energy conversion chain from extraction to point of use. To more comprehensively measure changes in the EROIPOU for China’s conventional fossil fuels, a “bottom-up” model to calculate EROIPOU was improved by extending the conventional calculation boundary from the wellhead to the point of use. To predict trends in the EROIPOU of fossil fuels in China, a dynamic function of the EROI was then used to projections future EROIPOU in this study. Results of this paper show that the EROIPOU of both coal (range of value: 14:1–9.2:1), oil (range of value: 8:1–3.5:1) and natural gas (range of value: 6.5:1–3.5:1) display downward trends during the next 15 years. Based on the results, the trends in the EROIPOU of China’s conventional fossil fuels will rapidly decrease in the future indicating that it is more difficult to obtain NEY from China’s conventional fossil fuels.http://www.mdpi.com/1996-1073/11/2/313point-of-use EROInet energy yieldstotal primary energy supplynet energy peak
spellingShingle Jingxuan Feng
Lianyong Feng
Jianliang Wang
Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
Energies
point-of-use EROI
net energy yields
total primary energy supply
net energy peak
title Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
title_full Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
title_fullStr Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
title_full_unstemmed Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
title_short Analysis of Point-of-Use Energy Return on Investment and Net Energy Yields from China’s Conventional Fossil Fuels
title_sort analysis of point of use energy return on investment and net energy yields from china s conventional fossil fuels
topic point-of-use EROI
net energy yields
total primary energy supply
net energy peak
url http://www.mdpi.com/1996-1073/11/2/313
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AT jianliangwang analysisofpointofuseenergyreturnoninvestmentandnetenergyyieldsfromchinasconventionalfossilfuels