Northstream’s NS-WEM is a forecast model of the global traded oil, coal and gas sectors. NS-WEM draws together detailed bottom-up and top-down, forward-looking information on supply, production and transport, and demand, for these commodities traded on sea, by pipeline, and on land. Clients use NS-WEM for interactive and bespoke forecasting of energy commodity prices, forecasting supply-demand balances, scenario analysis under varied geopolitical and country policy settings, and for production and pricing inputs to financial models. The NS-WEM model output also informs the fuel cost input assumptions for the PowerStream model, and traded LNG price inputs for the NS-WEM model. Features of NS-WEM include:
- Extensive database of producing and development assets in each country, including detailed treatment of commodity reserves and resources.
- Flexible country list, basic model contains 18 countries and regions.
- Database of large industrial energy loads such as LNG import terminals, and large power stations.
- Top-down demand for residential and commercial sector demand reflecting economic growth, population, energy efficiency and technological progress, energy substitution and sectoral composition.
- Bespoke modelled horizons out to 2100 and beyond.
- Detailed representation of international seaborne, pipeline, rail and road transport linkages.
- NS-WEM forecasts commodity settlement prices, demand and supply by country, and production by asset.
To learn more about Northstream’s global energy modelling capability, please contact us.