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| Srl | Item |
| 1 |
ID:
171389
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| Summary/Abstract |
Integrated Assessment Models provide a framework to study sustainability transitions and their economic impacts. Models seldom consider energy constraints, taking supply availability for granted and thus suggesting a mere change in the energy mix from non-renewables to renewables. In order to address these limitations, a macro-economic module within a broader system dynamics model (MEDEAS) has been developed. The model has been run for the whole world from 1995 to 2050 under three different scenarios: Business as Usual (BAU), considering no further transition policies and keeping current trends; Green Growth (GG), undertaking the low-carbon transition according to the Paris Agreement set of policies and with high GDP growth standards; and Post-Growth (PG), testing the sustainability transition under a GDP non-growth/degrowth approach. The results reveal the conflict between economic growth, climate policy and the sustainability of resources. Whereas a BAU approach would not even be an option to achieve climate goals, a GG view would not only face the downsizing of economic output, but neither would it be able to achieve the 2 °C objective. The success of the PG approach in meeting emissions objectives suggests a redirection from economic growth policies to an industrial policy that incorporates efficiency and redistribution.
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| 2 |
ID:
124208
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| Publication |
2013.
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| Summary/Abstract |
The goal of this paper is to contribute to understanding the behaviour of the photovoltaic (PV) sector in Spain and its expectations under possible scenarios. Currently, PV solar energy is not a profitable sector by itself. Therefore, the Spanish government, like the governments of other countries, has stimulated investment with subsidies. The spectacular increase of PV facilities exceeded all forecasts and the government decided to curb the trend. The present hypothesis is that continuing with this support to PV energy, the technological advances and the economy generated from the production of panels would be able to make the sector profitable in the future without the necessity of subventions. Based on this hypothesis, a computer simulation model was built using the system dynamics methodology. To test its utility, the model was challenged to fit the historical data and to explore several futures over the next few years. The model allows an understanding of the sector's behaviour under the latest policies of the Spanish government, thus helping to design future public policies. The simulation results are different depending on the adopted policy and the scenario. Therefore, these factors will determine the success or failure of the investments in this type of energy.
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