globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2020.111274
论文题名:
The impact of heterogeneous market players with bounded-rationality on the electricity sector low-carbon transition
作者: Barazza E.; Strachan N.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 138
语种: 英语
中文关键词: Agent-based modelling ; Bounded-rationality ; Energy sector ; Heterogeneity of actors ; Investment decisions ; Low-carbon transition
英文关键词: Autonomous agents ; Binary alloys ; Carbon ; Commerce ; Computational methods ; Potassium alloys ; Simulation platform ; Uranium alloys ; Agent-based modelling ; Bounded rationality ; Energy sector ; Heterogeneity of actors ; Investment decisions ; Low-carbon transitions ; Investments ; energy market ; energy resource ; financial system ; heterogeneity ; investment ; Germany ; Italy ; United Kingdom
英文摘要: The energy sector transition requires large financial investments in low-carbon generation technologies, to be delivered by a variety of actors with heterogeneous characteristics. Real-world actors have bounded-rationality, reflected by their limited foresight and heterogeneous expectations, and as past trends influence their investments. Agent-based models are highly suitable modelling frameworks to study such realistic and complex energy transition dynamics. This paper introduces BRAIN-Energy, a novel agent-based model which explicitly allows to explore the impacts of actors' heterogeneous characteristics, and of their interactions, on the transition pathways of the UK, German and Italian electricity sectors. Results show that actors' heterogeneous characteristics pose barriers to effective decarbonisation efforts, affect the speed of the transition, and impact the transition's security of supply and affordability dimensions. Limited foresight and path-dependency lead to investment cycles (both virtuous and vicious). The country comparison highlights how such effects are stronger in markets with more heterogeneous market players. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167016
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作者单位: UCL Energy Institute, Central House, 14 Upper Woburn Place, London, WC1H 0NN, United Kingdom

Recommended Citation:
Barazza E.,Strachan N.. The impact of heterogeneous market players with bounded-rationality on the electricity sector low-carbon transition[J]. Energy Policy,2020-01-01,138
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