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Doctoral Dissertations

Uncertainty

Operations Research, Systems Engineering and Industrial Engineering

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Modeling Portfolios Of Low Carbon Energy Generation Under Deep Uncertainty, Franklyn Kanyako Oct 2021

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 …