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Towards robust renewable energy investment decisions at the territorial level

  • Kati Koponen*
  • , Elisabeth Le Net
  • *Corresponding author for this work
    • University of Paris-Saclay

    Research output: Contribution to journalArticleScientificpeer-review

    147 Downloads (Pure)

    Abstract

    Considerable and fast investments in renewable energy technologies are needed in order to reduce greenhouse gas emissions to achieve the Paris Agreement climate change mitigation targets. Many of these investment decisions are made at the territorial level, especially those related to the heating sector. When choosing the most suitable energy investments, decision makers need to consider several performance indicators—economic, social and environmental—simultaneously. In addition, decision makers face profound uncertainty concerning the future, as decisions on energy systems are always long-term investments. We aim to provide territorial decision makers with a simple decision-making framework that combines a robust decision-making method with multi-criteria analysis and allows the inclusion of territorial features. The main aim is to develope a simple tool that provides data to seek robust solutions which will perform well over a wide range of plausible futures. The method proposed is illustrated with a case study on renewable heating solutions based in France. Heat pumps or central biomass plants are robust in various future conditions, while current domestic natural gas based heating performs badly compared to the renewable technologies.

    Original languageEnglish
    Article number116552
    JournalApplied Energy
    Volume287
    DOIs
    Publication statusPublished - 1 Apr 2021
    MoE publication typeA1 Journal article-refereed

    Funding

    KK gratefully acknowledges the Enhanced Eurotalent funding of Marie Sklodowska-Curie Actions Programme, co-funded by the European Commission and managed by the French Atomic Energy and Alternative Energies Commission (CEA), as well as the supplementary funding from CEA and VTT, which enabled the study.

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 7 - Affordable and Clean Energy
      SDG 7 Affordable and Clean Energy
    2. SDG 8 - Decent Work and Economic Growth
      SDG 8 Decent Work and Economic Growth
    3. SDG 13 - Climate Action
      SDG 13 Climate Action

    Keywords

    • Heating
    • Renewable energy
    • Robust decision-making
    • Territory
    • Vulnerability

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