Climate change and optimal energy technology R\&D policy

DOI10.1016/J.EJOR.2011.03.046MaRDI QIDQ545123zbMATH OpenOpenAlexWikidataFDO

Authors Erin Baker, Senay Solak

Publication date 22 June 2011

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2011.03.046

zbMATH Keywords

climate changestochastic programmingpublic policyenergy technologyR\&D portfolio

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Stochastic programming (90C15)

Recommendations

• Model uncertainty and energy technology policy: the example of induced technical change
• An approximate dynamic programming framework for modeling global climate policy under decision-dependent uncertainty
• Optimal adaptation to uncertain climate change
• Robust portfolio decision analysis: an application to the energy research and development portfolio problem
• A stochastic control approach to optimal climate policies

Cites work

• Increasing Risk and Increasing Informativeness: Equivalence Theorems
• Inference of statistical bounds for multistage stochastic programming problems
• Maximizing Submodular Set Functions: Formulations and Analysis of Algorithms
• The empirical behavior of sampling methods for stochastic programming
• The sample average approximation method for stochastic discrete optimization

Cited in

(17)

• Decision support models in climate policy
• Model uncertainty and energy technology policy: the example of induced technical change
• Is certainty in carbon policy better than uncertainty?
• To learn or to change: optimal R\&D investments under uncertainty in the case of climate change
• Portfolio decision analysis: recent developments and future prospects
• An approximate dynamic programming framework for modeling global climate policy under decision-dependent uncertainty
• Energy efficiency and directed technical change: implications for climate change mitigation
• A portfolio model for siting offshore wind farms with economic and environmental objectives
• Robust dynamic energy use and climate change
• Environmental and technology policies for climate mitigation
• Climate change investment risk: optimal portfolio construction ahead of the transition to a lower-carbon economy
• Joining the CCS club! The economics of CO\(_2\) pipeline projects
• It's not now or never: implications of investment timing and risk aversion on climate adaptation to extreme events
• Robust portfolio decision analysis: an application to the energy research and development portfolio problem
• Managing risks from climate impacted hazards -- the value of investment flexibility under uncertainty
• Emission path planning based on dynamic abatement cost curve
• Ecological modernization in the electrical utility industry: an application of a bads-goods DEA model of ecological and technical efficiency

Describes a project that uses

Uses Software

• SUTIL

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