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Project 3: Economic and Investment Models For Future Grids Deliverable 2: The Scenarios

Author

Listed:
  • Foster, John
  • Liebman, Ariel
  • Wagner, Liam

Abstract

This chapter sets out the design of a scenario framework for the CSIRO Future Grid Cluster’s Project 3. It sets out how the various influences, or driving forces, are separated into four categorised. These being: Policy, States of the World, Sensitivities, and Linkages. The first two, policy, and states of the world, are then further broken down into two sub-categories: supply side influences, and demand side influences. Additionally, we take into account the reports from the CSIRO’s Future Grid Forum (CFGF), describing the comprehensive supply chain end-to-end study that used four major scenarios that are related to the scenario framework described her to be used in this cluster. The Forum also conducted sensitivities around these four scenarios. In section 1.3 of this document we describe the relationship between the CFGF scenarios and our scenario framework.

Suggested Citation

  • Foster, John & Liebman, Ariel & Wagner, Liam, 2014. "Project 3: Economic and Investment Models For Future Grids Deliverable 2: The Scenarios," MPRA Paper 89474, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:89474
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    References listed on IDEAS

    as
    1. Liam Wagner & Luke Reedman, 2010. "Modeling the deployment of plug-in hybrid and electric vehicles and their effects on the Australian National Electricity Market," Energy Economics and Management Group Working Papers 06, School of Economics, University of Queensland, Australia.
    2. Wagner, Liam & Molyneaux, Lynette & Foster, John, 2014. "The magnitude of the impact of a shift from coal to gas under a Carbon Price," Energy Policy, Elsevier, vol. 66(C), pages 280-291.
    3. William E., Lilley & Luke J., Reedman & Liam D., Wagner & Colin F., Alie & Anthony R., Szatow, 2012. "An economic evaluation of the potential for distributed energy in Australia," Energy Policy, Elsevier, vol. 51(C), pages 277-289.
    4. John Foster & William Paul Bell & Phil Wild & Deepak Sharma & Suwin Sandu & Craig Froome & Liam Wagner & Suchi Misra & Ravindra Bagia, 2013. "Analysis of institutional adaptability to redress electricity infrastructure vulnerability due to climate change," Energy Economics and Management Group Working Papers 6-2013, School of Economics, University of Queensland, Australia.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Energy Economics;

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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