DocumentCode
3576627
Title
Electricity system sustainability transitions: An integrated methodology
Author
Sharma, Tarun ; Balachandra, P.
Author_Institution
Dept. of Manage. Studies, Indian Inst. of Sci., Bangalore, India
fYear
2014
Firstpage
637
Lastpage
641
Abstract
The electricity system transition into a sustainable state depends on several factors-energy resource and technology choices, economic and environmental targets, human and social development needs. To achieve such a transition, the policy makers need to know how sustainability of the electricity system is affected by these factors and to make optimal choices of technology, resource, size, location, etc. There are synergies and tradeoffs amongst these choices. We first discuss a multi-dimensional and hierarchical framework to assess the sustainability of electricity system. Secondly, we propose an optimization-based modelling framework to integrate the macro model of national electricity system sustainability with the bottom-up reference electricity system. This is being done with multi-attribute technology characterization across entire electricity supply chain. We elaborate how our approach explicitly captures the synergies and the tradeoffs among investment decisions, and can be used to prioritize optimal technology solutions for electricity system sustainability transition.
Keywords
energy management systems; government policies; investment; optimisation; sustainable development; bottom-up reference electricity system; electricity system sustainability transition; investment decisions; national electricity system sustainability; optimization-based modelling; Decision making; Economics; Electricity; Optimization; Renewable energy sources; Supply chains; Sustainable development; Electricity system sustainability; Reference electricity system; Transitions;
fLanguage
English
Publisher
ieee
Conference_Titel
Industrial Engineering and Engineering Management (IEEM), 2014 IEEE International Conference on
Type
conf
DOI
10.1109/IEEM.2014.7058716
Filename
7058716
Link To Document