As I understand it the life cycle theory of M. King Hubbert (who came up with the peak oil concept) can be modelled using systems dynamics tools and techniques.
Attached is a link to an article that reviews work on systems dynamics and energy modeling:
[web]http://www.hubbertpeak.com/hubbert/SystemDynamicsEnergyModeling/[/web]
I find the notion of systems modeling fascinating, especially within the context of energy modeling. The only problem, though, is that I have not been able to find recent references to work in this regard. The linked article above summarises work that has been done but it seems that most of the work took place in the 70's and 80's, with the most recent work referenced dating back to 1996.
Does anyone know of more recent work on energy modeling - I would have thought this to be highly topical given very high oil prices - or has systems dynamics approaches been discarded/abandoned?



