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Tytuł pozycji:

A new hybrid approach for evaluating technology risks and opportunities in the energy transition in Ireland.

Tytuł:
A new hybrid approach for evaluating technology risks and opportunities in the energy transition in Ireland.
Autorzy:
Sharma, Tarun
Ó Gallachóir, Brian
Rogan, Fionn
Temat:
RENEWABLE energy transition (Government policy)
MONTE Carlo method
TECHNOLOGY assessment
MATHEMATICAL optimization
INVESTMENT risk
CARBON nanofibers
Źródło:
Environmental Innovation & Societal Transitions; Jun2020, Vol. 35, p429-444, 16p
Terminy geograficzne:
IRELAND
Czasopismo naukowe
We combine energy systems optimization models (ESOM), multi-criteria assessment (MCA) and a stakeholder workshop to evaluate decarbonization risks, trade-offs and opportunities for Ireland. Using an ESOM of Ireland, we develop decarbonisation scenario ensembles with variations across multiple dimensions, including carbon budget and technology availability as informed by a stakeholder workshop. For these scenario ensembles, we quantify investment risk and technology robustness and use these new attributes to conduct an MCA of technology risks, trade-offs and opportunities. Results include an assessment of technology opportunities for two investor archetypes, i.e., risk minimizing and return maximizing, and a sensitivity analysis of the MCA weights using Monte Carlo simulation. This represents a new methodology which demonstrates a synthesis of insights into technology opportunities associated with Ireland's energy transition and their resilience across risk and economic criteria. By incorporating and displaying results for a diversity of perspectives, this work underlines the importance of transdisciplinary research. [ABSTRACT FROM AUTHOR]
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