Assessment of technologies in a global energy system

A limited research and development budget usually implies that decisions must be made regarding the distribution of the available funds among the most promising R & D projects. The MARKAL model is used to describe a national energy system where existing and new energy conversion and process tech...

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Bibliographic Details
Main Author: P.J. Vermeulen
Format: Article
Language:English
Published: Operations Research Society of South Africa (ORSSA) 2003-12-01
Series:ORiON
Online Access:http://orion.journals.ac.za/pub/article/view/510
Description
Summary:A limited research and development budget usually implies that decisions must be made regarding the distribution of the available funds among the most promising R & D projects. The MARKAL model is used to describe a national energy system where existing and new energy conversion and process technologies compete for a market share in satisfying exogenously specified demand patterns. A measure is introduced which may be used to rank the relative importance of a technology in the energy system. Several scenarios depicting different restrictions on the energy system are used in the analysis.
ISSN:2224-0004