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Wells, Wires, and Wheels - EROCI and the tough road ahead for oil

Oil needs long-term break-evens of $10-$20/bbl to remain competitive in mobility. In this report we introduce the concept of the Energy Return on Capital Invested (EROCI), focusing on the energy return on a $100bn outlay on oil and renewables where the energy is being used specifically to power cars and ...

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BNP Paribas Asset Management

Wells, Wires, and Wheels - EROCI and the tough road ahead for oil

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BNP Paribas Asset Management

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