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Developing Sustainable Power Systems by Evaluating Techno-economic, Environmental, and Social Indicators from a System Dynamics Approach by Matin Karbasioun; Afshin Gholamalipour; Nasser Safaie; Rasool Shirazizadeh; Majid Amidpour is a Engineering article available to read on EtoBox.

What is Developing Sustainable Power Systems by Evaluating Techno-economic, Environmental, and Social Indicators from a System Dynamics Approach about?

The transition from fossil fuel-based energy systems to renewable energy systems (RES), especially in fossil-fuel-rich countries, is a challenging process requiring consideration of numerous factors, including technological feasibility, cost-effectiveness, and public acceptance. As governments play a crucial role in determining energy and environmental policy, developing practical policymaking tools encourages them to stimulate the adoption of renewable energy technology. This study proposes a novel framework to model an energy system transition focused on the power generation and its dynamic behavior of fossil-fuel-rich countries using the System Dynamics (SD) approach and then assesses the techno-economic and environmental impacts of various economic, technical, and environmental policies using the Multi-Criteria Decision-Analysis technique (MCDA). This study aims to compare the development of renewable technologies development versus improving the current technology efficiency under three different “business as usual,” “basic development,” and “advanced development” scenarios by assessing economic, environmental, and social indicators over the horizon of 2016–2040 in fossil-rich

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Author

Matin Karbasioun; Afshin Gholamalipour; Nasser Safaie; Rasool Shirazizadeh; Majid Amidpour

Publisher

Elsevier BV

Published

2023

Language

EN

Field

Engineering (Physical Sciences)