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Construction of a Chilean energy matrix portraying energy source substitution:A system dynamics approach
- Source :
- Gómez, C R, Arango-Aramburo, S & Larsen, E R 2017, ' Construction of a Chilean energy matrix portraying energy source substitution : A system dynamics approach ', Journal of Cleaner Production, vol. 162, pp. 903-913 . https://doi.org/10.1016/j.jclepro.2017.06.111
- Publication Year :
- 2017
-
Abstract
- The energy matrix is a useful tool for understanding the trends of production and consumption in a country and for evaluating long-term energy policies. This paper presents a behavioral simulation model of the evolution of Chile’s energy matrix. The model is developed and calibrated by considering a dynamic substitution of energy sources. Chile’s stated policy is to become less dependent on imported fossil fuels, to increase security of supply and improve the environment. The simulation experiments show that the energy matrix is very robust with regards to external fuel prices and changes in investment cost. Thus, in order to be able to observe changes in the composition of the energy matrix, there is a need for strong intervention by the regulator, or the government, to provide incentives for renewables.
- Subjects :
- Consumption (economics)
Engineering
021103 operations research
Renewable Energy, Sustainability and the Environment
business.industry
Strategy and Management
Fossil fuel
0211 other engineering and technologies
02 engineering and technology
Energy planning
Environmental economics
Chilean energy sector
System dynamics
Industrial and Manufacturing Engineering
Energy accounting
Energy policy
Renewable energy
Energy matrix
Economy
Production (economics)
021108 energy
business
Energy source
General Environmental Science
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Journal :
- Gómez, C R, Arango-Aramburo, S & Larsen, E R 2017, ' Construction of a Chilean energy matrix portraying energy source substitution : A system dynamics approach ', Journal of Cleaner Production, vol. 162, pp. 903-913 . https://doi.org/10.1016/j.jclepro.2017.06.111
- Accession number :
- edsair.doi.dedup.....da94f9c4847c8ebbfb4b9b79da70833b