Abstract
A fairly large number of energy policy models have been developed by using system dynamics approach over a period of about five decades. In this chapter, we present a snapshot view of some selected models to see how these stocks and flows-based models have contributed to the better understanding of various energy policy related issues. Specifically, we will describe: (i) the context and objective (i.e., who and why a model was developed), (ii) a brief overview of model structure (i.e., identification of its key structural elements), (iii) the validity of the model (i.e., how the validation, if any, of the model was conducted), and (iv) key insights and major policy implications.
Experience is the past tense of experiment
—Gregory Alan Elliot
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Notes
- 1.
All these models are published in peer review outlets and are publicly available.
- 2.
MDESRAP was originally developed in 2001 (please see the details in Qudrat-Ullah and Davidsen 2001).
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Qudrat-Ullah, H. (2016). Physics of Stocks and Flows in Action. In: The Physics of Stocks and Flows of Energy Systems. SpringerBriefs in Complexity. Springer, Cham. https://doi.org/10.1007/978-3-319-24829-5_6
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DOI: https://doi.org/10.1007/978-3-319-24829-5_6
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