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EXPLORATORY MODELLING (2) answer(s).
 
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ID:   149863


Geopolitical impact of the shale revolution: exploring consequences on energy prices and rentier states / Auping, Willem L; Pruyt, Erik ; Jong, Sijbren de ; Kwakkel, Jan H   Journal Article
Auping, Willem L Journal Article
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Summary/Abstract While the shale revolution was largely a US’ affair, it affects the global energy system. In this paper, we look at the effects of this spectacular increase in natural gas, and oil, extraction capacity can have on the mix of primary energy sources, on energy prices, and through that on internal political stability of rentier states. We use two exploratory simulation models to investigate the consequences of the combination of both complexity and uncertainty in relation to the global energy system and state stability. Our simulations show that shale developments could be seen as part of a long term hog-cycle, with a short term drop in oil prices if unconventional supply substitutes demand for oil. These lower oil prices may lead to instability in rentier states neighbouring the EU, especially when dependence on oil and gas income is high, youth bulges are present, or buffers like sovereign wealth funds are too limited to bridge the negative economic effects of temporary low oil prices.
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2
ID:   171489


When and why does transition fail? a model-based identification of adoption barriers and policy vulnerabilities for transition t / Hidayatno, Akhmad; Jafino, Bramka Arga; Setiawan, Andri D; Purwanto, Widodo Wahyu   Journal Article
Setiawan, Andri D Journal Article
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Summary/Abstract Natural gas vehicles (NGV) face significant adoption barriers in Jakarta. Therefore, a successful transition requires measures from the government. Owing to the high cost of transition policies, the efficacy of these policies must be analyzed to identify the most effective policy. The implementation of transition policies, however, could dynamically influence people's perception and behavior, which then changes the landscape of adoption barriers. Furthermore, even a seemingly successful policy may fail when a certain pathway of uncertainties emerges in the future. To address these concerns, we integrated agent-based modeling, exploratory modeling, and diffusion of innovation theory into the exploratory model-based diffusion analysis approach. This approach evaluates the policy's performance, explores changes in the relative importance of different adoption barriers, and identifies policy vulnerabilities, i.e., scenarios leading to policy failures. We tested this approach on four NGV transition policies targeting three adoption barriers. We found that the importance of adoption barriers and the critical uncertainties upon the implemented policies. The social–behavioral barrier predominates under current conditions, whereas the economic factor becomes more relevant when all policies are executed. Understanding the changes in adoption barriers and policy vulnerabilities will help decision-makers to prepare additional measures that ensure a successful transition.
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