LAPSE:2018.0833
Published Article
LAPSE:2018.0833
A Sectoral Micro-Economic Approach to Scenario Selection and Development: The Case of the Greek Power Sector
November 16, 2018
Generating policy-relevant scenarios is instrumental for understanding and developing policy measures. These are especially relevant to the power sector. Practitioners have been working on policy-relevant scenarios for the ex-ante assessment of policy measures in a meaningful way for end-users related to climate change mitigation and adaptation strategies. This paper presents a method for generating such policy relevant scenarios by focusing on the actor-contingent elements of the scenarios, i.e., the developments that are within the control of system actors to change or bring about. Several scenario techniques focusing on systematic-formalized or quantitative approaches have been published on this front over the past few years. Here, we introduce a methodology that is best suited for the assessment of the expected effect of different policy measures on the involved stakeholders’ behavior as well as for the analysis of the interactions between different policy measures as reflected on their impact on the strength and direction of the provided incentives. The applicability of our methodology is demonstrated for the case of the Greek power market. It was further evaluated in view of the challenges related to the issues of generation capacity adequacy and increased fiscal deficit. The strategic implications of the proposed approach concern the demonstration of the benefits from adopting a policy assessment methodology that focus on stakeholder expectations and interactions.
Keywords
actor-based modeling and analysis, generation capacity adequacy, policy assessment, power market, scenario development
Suggested Citation
Flamos A. A Sectoral Micro-Economic Approach to Scenario Selection and Development: The Case of the Greek Power Sector. (2018). LAPSE:2018.0833
Author Affiliations
Flamos A: Department of Industrial Management and Technology, University of Piraeus, Karaoli & Dimitriou 80, Piraeus 18534, Greece [ORCID]
[Login] to see author email addresses.
Journal Name
Energies
Volume
9
Issue
2
Article Number
E77
Year
2016
Publication Date
2016-01-27
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en9020077, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2018.0833
This Record
External Link

doi:10.3390/en9020077
Publisher Version
Download
Files
[Download 1v1.pdf] (1.2 MB)
Nov 16, 2018
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
643
Version History
[v1] (Original Submission)
Nov 16, 2018
 
Verified by curator on
Nov 16, 2018
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2018.0833
 
Original Submitter
Calvin Tsay
Links to Related Works
Directly Related to This Work
Publisher Version