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Renewables in Future Power Systems pp 21–42Cite as

Methods for Energy System Modeling

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Part of the book series: Green Energy and Technology ((GREEN))

Abstract

In this book techno-economic models are used to examine the cost-optimal future deployment of renewable power generation technologies as well as to gain methodological insights. This chapter introduces modeling concepts and methodologies required to construct these models, with main focus on economic models and methodologies. The first section covers general aspects and offers a brief introduction to decision theory, followed by an overview of equilibrium modeling approaches and their application to energy system modeling. The model class of mathematical programs and corresponding solution methods are then discussed in sections 3.3 and 3.4, respectively. Finally, section 3.5 is dedicated to uncertainty and stochastic modeling.

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Authors and Affiliations

  1. Faculty of Business Administration and Economics , University of Duisburg-Essen, Essen, Germany

    Fabian Wagner

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  1. Fabian Wagner
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Correspondence to Fabian Wagner .

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Wagner, F. (2014). Methods for Energy System Modeling. In: Renewables in Future Power Systems. Green Energy and Technology. Springer, Cham. https://doi.org/10.1007/978-3-319-05780-4_3

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  • DOI: https://doi.org/10.1007/978-3-319-05780-4_3

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-05779-8

  • Online ISBN: 978-3-319-05780-4

  • eBook Packages: EnergyEnergy (R0)

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