Engineering Commons^™

Modeling Portfolios Of Low Carbon Energy Generation Under Deep Uncertainty, Franklyn Kanyako

Doctoral Dissertations

In the 2015 Paris Agreement, nearly every country pledge through the Nationally Determined Contributions (NDCs) increased adoption of low carbon energy technologies in their energy system. However, allocating investments to different low carbon energy technologies under rising demand for energy and budget constraints, uncertain technical change in these technologies involves maneuvering significant uncertainties among experts, models, and decision-makers. We examine the interactions of low carbon energy sources (LCES) under the condition of deep uncertainty. Deep uncertainty directly impacts the understanding of the role of low carbon energy technologies in climate change mitigation and how much R&D investment should be allocated …

Investments In Energy Technological Change Under Uncertainty, Ekundayo Shittu

Doctoral Dissertations 1896 - February 2014

This dissertation addresses the crucial problem of how environmental policy uncertainty influences investments in energy technological change. The rising level of carbon emissions due to increasing global energy consumption calls for policy shift. In order to stem the negative consequences on the climate, policymakers are concerned with carving an optimal regulation that will encourage technology investments. However, decision makers are facing uncertainties surrounding future environmental policy. The first part considers the treatment of technological change in theoretical models.

This part has two purposes: (1) to show-through illustrative examples-that technological change can lead to quite different, and surprising, impacts on the …