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Towards low carbon business park energy systems: Classification of techno-economic energy models


  • Timmerman, Jonas
  • Vandevelde, Lieven
  • Van Eetvelde, Greet


To mitigate climate destabilisation, human-induced greenhouse gas emissions urgently need to be curbed. A major share of these emissions originates from the industry and energy sectors. Hence, a low carbon shift in industrial and business park energy systems is called for. Low carbon business parks minimise energy-related carbon dioxide emissions by maximal exploitation of local renewable energy production, enhanced energy efficiency, and inter-firm heat exchange, combined in a collective energy system. The holistic approach of techno-economic energy models facilitates the design of such systems, while yielding an optimal trade-off between energetic, economic and environmental performances. However, no models custom-tailored for industrial park energy systems are detected in literature. In this paper, existing energy model classifications are scanned for adequate model characteristics and accordingly, a confined number of models are selected and described. Subsequently, a practical typology is proposed, existing of energy system evolution, optimisation, simulation, accounting and integration models, and key model features are compared. Finally, important features for a business park energy model are identified.

Suggested Citation

  • Timmerman, Jonas & Vandevelde, Lieven & Van Eetvelde, Greet, 2014. "Towards low carbon business park energy systems: Classification of techno-economic energy models," Energy, Elsevier, vol. 75(C), pages 68-80.
  • Handle: RePEc:eee:energy:v:75:y:2014:i:c:p:68-80
    DOI: 10.1016/

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    References listed on IDEAS

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    Cited by:

    1. Ali, H. & Sanjaya, S. & Suryadi, B. & Weller, S.R., 2017. "Analysing CO2 emissions from Singapore's electricity generation sector: Strategies for 2020 and beyond," Energy, Elsevier, vol. 124(C), pages 553-564.
    2. Nadia S. Ouedraogo, 2017. "Modeling sustainable long-term electricity supply–demand in Africa," WIDER Working Paper Series 023, World Institute for Development Economic Research (UNU-WIDER).
    3. repec:gam:jeners:v:10:y:2017:i:12:p:1947-:d:120112 is not listed on IDEAS
    4. repec:gam:jeners:v:12:y:2019:i:7:p:1382-:d:221563 is not listed on IDEAS
    5. Hall, Lisa M.H. & Buckley, Alastair R., 2016. "A review of energy systems models in the UK: Prevalent usage and categorisation," Applied Energy, Elsevier, vol. 169(C), pages 607-628.
    6. repec:eee:energy:v:170:y:2019:i:c:p:1051-1066 is not listed on IDEAS
    7. repec:eee:energy:v:125:y:2017:i:c:p:747-770 is not listed on IDEAS
    8. Rečka, L. & Ščasný, M., 2016. "Impacts of carbon pricing, brown coal availability and gas cost on Czech energy system up to 2050," Energy, Elsevier, vol. 108(C), pages 19-33.
    9. Ouedraogo, Nadia S., 2017. "Modeling sustainable long-term electricity supply-demand in Africa," Applied Energy, Elsevier, vol. 190(C), pages 1047-1067.


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