Conclusions

Abstract

This chapter summarizes the main results of the study and re-emphasizes the need to use an integrated modeling framework instead of relying only on one modeling approach, especially in the context of developing countries when multiple, often conflicting goals are nevertheless equally important for policy. It draws from the previous chapters to conclude that while it is important to assess the best options of fuel technologies for a given energy system under a set of constraints, the impact of these choices on incomes and equity is an important factor that policy makers would need to consider while making decisions. Thus, if these questions have to be addressed simultaneously, it is necessary to integrate the methods needed to answer these. The integrated modeling framework therefore evaluates different aspects of the interlinkages between energy and economic systems. This chapters also discusses briefly the potential directions in which this research can be developed further to include more sectors as well as how it can be relevant to other countries in positions similar as that of India.