Glbl Energy TransitionsModels

3 Credits · Level: Graduate, Undergraduate

This course will provide an introduction to Energy Systems Modeling for its use in aiding decision makers in implementing energy transitions, and will analyze and compare the structure of and planning approaches used for managing power systems around the world. Addressing climate change will require unprecedented decarbonization of the global energy system this decade in order to reach “net zero” greenhouse gas emissions by roughly mid-century and keep the limit of 1.5 degrees Celsius warming within reach. However, decision makers across government, utilities, businesses, and consumers are often confronted with challenging questions on how to implement the energy transition. Energy Systems Modeling can be used to inform decision making by providing outputs on questions relating to alternative low-emissions technologies. For example, different models can address questions ranging from what mix of generation sources can meet load demand in the most cost-effective and low emissions manner; to how a policy will affect the power generation mix in different regions; to grid stability questions or the impact of demand-side measures on generation needs. These models range from “simple” analytical tools to more complex capacity expansion and grid production models, to integrated Assessment Models that capture entire energy and climate systems at subnational, national, regional, and global levels. As we examine different models we will draw on examples from current policy topics in major economies and low-emission developing countries to consider how model scenarios have (or have not) impacted policy making and diplomacy, and explore the role of data, policy and market uncertainty, and stakeholder engagement. Finally, the latter portion of this course will provide a comparative analysis of select power systems around the world, and explore the organization, structure and regulations of power system utilities in different countries, consider how utilities have used Integrated Resources Plans and other modeling and planning tools in their decision making, and consider the role of distributed generation and electricity access in developing countries