Energy conversion/Description: Difference between revisions

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==Electric power generation==
==Electric power generation==


As shown in the flowchart, two key elements of the electric power generation are the investment strategy and the operational strategy in the sector. A challenge in simulating electricity production in an aggregated model is that in reality electricity production depends on a range of complex factors, related to costs, reliance, and the time required to switch on technologies. Modelling these factors requires a high level of detail and thus{{AbbrTemplate|IAM}} IAMs such as TIMER concentrate on introducing a set of simplified, meta relationships ([[Hoogwijk, 2004]]; [[Van Vuuren, 2007]]).  
As shown in the flowchart, two key elements of the electric power generation are the investment strategy and the operational strategy in the sector. A challenge in simulating electricity production in an aggregated model is that in reality electricity production depends on a range of complex factors, related to costs, reliance, and the time required to switch on technologies. Modelling these factors requires a high level of detail and thus{{AbbrTemplate|IAMs}} IAMs such as TIMER concentrate on introducing a set of simplified, meta relationships ([[Hoogwijk, 2004]]; [[Van Vuuren, 2007]]).  





Revision as of 16:47, 8 May 2014