Improving the Representation of Energy Efficiency in an Energy System Optimization Model

التفاصيل البيبلوغرافية
العنوان: Improving the Representation of Energy Efficiency in an Energy System Optimization Model
المؤلفون: Patankar, Neha, Fell, Harrison G., de Queiroz, Anderson Rodrigo, Curtis, John, DeCarolis, Joseph F.
المصدر: Applied Energy, 306: 118083 (2022)
سنة النشر: 2021
المجموعة: Physics (Other)
مصطلحات موضوعية: Physics - Physics and Society
الوصف: Energy system optimization models (ESOMs) are designed to examine the potential effects of a proposed policy, but often represent energy-efficient technologies and policies in an overly simplified way. Most ESOMs include different end-use technologies with varying efficiencies and select technologies for deployment based solely on least-cost optimization, which drastically oversimplifies consumer decision-making. In this paper, we change the structure of an existing ESOM to model energy efficiency in way that is consistent with microeconomic theory. The resulting model considers the effectiveness of energy-efficient technologies in meeting energy service demands, and their potential to substitute electricity usage by conventional technologies. To test the revised model, we develop a simple hypothetical case and use it to analyze the welfare gain from an energy efficiency subsidy versus a carbon tax policy. In the simple test case, the maximum recovered welfare from an efficiency subsidy is less than 50% of the first-best carbon tax policy.
Comment: 31 pages, 7 figures, 2 tables (main body)
نوع الوثيقة: Working Paper
DOI: 10.1016/j.apenergy.2021.118083
URL الوصول: http://arxiv.org/abs/2111.04769
رقم الأكسشن: edsarx.2111.04769
قاعدة البيانات: arXiv
الوصف
DOI:10.1016/j.apenergy.2021.118083