Dynamic stock modelling

Dynamic stock modelling (DSM) is a new development in material flow accounting and explicitly considers the role of in-use stocks in past, present, and future material use.

For resource use

In-use stocks of buildings, infrastructure, and (durable) products play several important roles in social metabolism:[1]

Dynamic stock modelling (DSM) explicitly considers these different roles of in-use stocks. DSM has a long tradition in modelling population and fixed capital; over the last twenty years, applications for product and material stocks have been developed.[2] Age-cohort-based models, state-of-the-art in DSM, are of a descriptive nature: Each age-cohort is assigned an expected lifetime and the cohort’s use phase ends when its lifetime elapses. At any given point in time, in-use stocks are composed of different age-cohorts, each with its specific material content and energy efficiency.[3][4] In DSM, the assumed total stock size is determined by exogenously specified parameters such as population and per capita service level[5] and the age-cohort lifetime model can be used to adjust the inflows into and the outflows from stocks.

Further applications

DSM is the basis for many other types of modelling; examples include integrated assessment models, system dynamics models, population balance models, and dynamic material flow accounting (MFA) models. The latter are an important manner in which the material and technological detail of MFA is enhanced. DSM of materials additionally allows for the modelling of the end-of-life product flow which is the sum of all discarded products leaving the use phase according to the lifetime distribution chosen. This enables forecasting of waste volume and recycling potential and provides essential information for resource and energy use reduction strategies. The connection between dynamic DSM and waste input-output (IO) models, a special IO model type designed for handling waste, is currently under development and will allow for simultaneous assessment of environmental impacts of material production and recycling.[6]

References

  1. Pauliuk, S.; Müller, D.B. (2013). "The role of in-use stocks in the social metabolism and in climate change mitigation". Global Environmental Change 24: 132–142. doi:10.1016/j.gloenvcha.2013.11.006.
  2. Müller, E., Hilty, L.M., Widmer, R., Schluep, M., Faulstich, M., 2014. Modeling metal stocks and flows-a review of dynamic material flow analysis methods. Environ. Sci. Technol. http://pubs.acs.org/doi/abs/10.1021/es403506a
  3. Elshkaki, A., 2005. Dynamic stock modelling: A method for the identification and estimation of future waste streams and emissions based on past production and product stock characteristics. Energy 30, 1353–1363. http://www.sciencedirect.com/science/article/pii/S0360544204000465
  4. Van der Voet, E., Kleijn, R., Huele, R., Ishikawa, M., Verkuijlen, E., 2002. Predicting future emissions based on characteristics of stocks. Ecol. Econ. 41, 223–234. http://www.sciencedirect.com/science/article/pii/S0921800902000289
  5. Müller, D.B., 2006. Stock dynamics for forecasting material flows - Case study for housing in The Netherlands. Ecol. Econ. 59, 142–156. http://www.sciencedirect.com/science/article/pii/S092180090500460X
  6. An extensive overview of the literature on dynamic modelling of material stocks is provided by Müller, E., Hilty, L.M., Widmer, R., Schluep, M., Faulstich, M., 2014. Modeling metal stocks and flows-a review of dynamic material flow analysis methods. Environ. Sci. Technol. http://pubs.acs.org/doi/abs/10.1021/es403506a

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