The goal of this study is to predict the future of the oil market, economic consequences of increasing oil scarcity, and the likely future development of an alternative energy infrastructure based on nuclear power and hydrogen. It was estimated that world oil production capacity will fall short of needed demand by at the very latest after 2020. The increased price of oil will motivate the construction of an alternate energy infrastructure. The likely alternative fuel which will replace oil in the transportation sector will be hydrogen.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Weikel, Christopher Monroe

Subject

• Environment
• Infrastructure
• Energy
• Sustainability
• Innovation

Publisher

• Worcester Polytechnic Institute

Identifier

• 04B003I

Keyword

• Fuel cells
• Renewable energy sources
• Sustainability

Advisor

• Emanuel, Alexander E.

Year

• 2004

Date created

• 2004-01-01

Location

• Worcester

Resource type

• Interactive Qualifying Project

Rights statement

• In Copyright