IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v88y2011i3p622-629.html
   My bibliography  Save this article

Parametric sensitivity analysis for techno-economic parameters in Indian power sector

Author

Listed:
  • Mallah, Subhash
  • Bansal, N.K.

Abstract

Sensitivity analysis is a technique that evaluates the model response to changes in input assumptions. Due to uncertain prices of primary fuels in the world market, Government regulations for sustainability and various other technical parameters there is a need to analyze the techno-economic parameters which play an important role in policy formulations. This paper examines the variations in technical as well as economic parameters that can mostly affect the energy policy of India. MARKAL energy simulation model has been used to analyze the uncertainty in all techno-economic parameters. Various ranges of input parameters are adopted from previous studies. The results show that at lower discount rate coal is the least preferred technology and correspondingly carbon emission reduction. With increased gas and nuclear fuel prices they disappear from the allocations of energy mix.

Suggested Citation

  • Mallah, Subhash & Bansal, N.K., 2011. "Parametric sensitivity analysis for techno-economic parameters in Indian power sector," Applied Energy, Elsevier, vol. 88(3), pages 622-629, March.
    • Handle: RePEc:eee:appene:v:88:y:2011:i:3:p:622-629
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306-2619(10)00320-X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kannan, R., 2009. "Uncertainties in key low carbon power generation technologies - Implication for UK decarbonisation targets," Applied Energy, Elsevier, vol. 86(10), pages 1873-1886, October.
    2. Chen, W.T. & Li, Y.P. & Huang, G.H. & Chen, X. & Li, Y.F., 2010. "A two-stage inexact-stochastic programming model for planning carbon dioxide emission trading under uncertainty," Applied Energy, Elsevier, vol. 87(3), pages 1033-1047, March.
    3. Mallah, Subhash & Bansal, N.K., 2010. "Allocation of energy resources for power generation in India: Business as usual and energy efficiency," Energy Policy, Elsevier, vol. 38(2), pages 1059-1066, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aryanpur, Vahid & Balyk, Olexandr & Daly, Hannah & Ó Gallachóir, Brian & Glynn, James, 2022. "Decarbonisation of passenger light-duty vehicles using spatially resolved TIMES-Ireland Model," Applied Energy, Elsevier, vol. 316(C).
    2. Liu, Xi & Du, Huibin & Brown, Marilyn A. & Zuo, Jian & Zhang, Ning & Rong, Qian & Mao, Guozhu, 2018. "Low-carbon technology diffusion in the decarbonization of the power sector: Policy implications," Energy Policy, Elsevier, vol. 116(C), pages 344-356.
    3. García-Gusano, Diego & Espegren, Kari & Lind, Arne & Kirkengen, Martin, 2016. "The role of the discount rates in energy systems optimisation models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 56-72.
    4. Mirkhani, Sh. & Saboohi, Y., 2012. "Stochastic modeling of the energy supply system with uncertain fuel price – A case of emerging technologies for distributed power generation," Applied Energy, Elsevier, vol. 93(C), pages 668-674.
    5. Mondal, Md. Alam Hossain & Kennedy, Scott & Mezher, Toufic, 2014. "Long-term optimization of United Arab Emirates energy future: Policy implications," Applied Energy, Elsevier, vol. 114(C), pages 466-474.
    6. Cucchiella, Federica & D’Adamo, Idiano, 2012. "Feasibility study of developing photovoltaic power projects in Italy: An integrated approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(3), pages 1562-1576.
    7. Bhattacharya, Subhadip & Banerjee, Rangan & Ramadesigan, Venkatasailanathan & Liebman, Ariel & Dargaville, Roger, 2024. "Bending the emission curve ― The role of renewables and nuclear power in achieving a net-zero power system in India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PA).
    8. Yildiz, Yusuf & Korkmaz, Koray & Göksal Özbalta, Türkan & Durmus Arsan, Zeynep, 2012. "An approach for developing sensitive design parameter guidelines to reduce the energy requirements of low-rise apartment buildings," Applied Energy, Elsevier, vol. 93(C), pages 337-347.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cao, M.F. & Huang, G.H. & Lin, Q.G., 2010. "Integer programming with random-boundary intervals for planning municipal power systems," Applied Energy, Elsevier, vol. 87(8), pages 2506-2516, August.
    2. Li, Y.P. & Huang, G.H. & Chen, X., 2011. "An interval-valued minimax-regret analysis approach for the identification of optimal greenhouse-gas abatement strategies under uncertainty," Energy Policy, Elsevier, vol. 39(7), pages 4313-4324, July.
    3. Chaudry, Modassar & Abeysekera, Muditha & Hosseini, Seyed Hamid Reza & Jenkins, Nick & Wu, Jianzhong, 2015. "Uncertainties in decarbonising heat in the UK," Energy Policy, Elsevier, vol. 87(C), pages 623-640.
    4. Li, Y.P. & Huang, G.H. & Li, M.W., 2014. "An integrated optimization modeling approach for planning emission trading and clean-energy development under uncertainty," Renewable Energy, Elsevier, vol. 62(C), pages 31-46.
    5. Yong Zeng & Yanpeng Cai & Guohe Huang & Jing Dai, 2011. "A Review on Optimization Modeling of Energy Systems Planning and GHG Emission Mitigation under Uncertainty," Energies, MDPI, vol. 4(10), pages 1-33, October.
    6. Dedinec, Aleksandar & Taseska-Gjorgievska, Verica & Markovska, Natasa & Pop-Jordanov, Jordan & Kanevce, Gligor & Goldstein, Gary & Pye, Steve & Taleski, Rubin, 2016. "Low emissions development pathways of the Macedonian energy sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 1202-1211.
    7. Avinash Vijay & Adam Hawkes, 2017. "The Techno-Economics of Small-Scale Residential Heating in Low Carbon Futures," Energies, MDPI, vol. 10(11), pages 1-23, November.
    8. Procesi, M. & Cantucci, B. & Buttinelli, M. & Armezzani, G. & Quattrocchi, F. & Boschi, E., 2013. "Strategic use of the underground in an energy mix plan: Synergies among CO2, CH4 geological storage and geothermal energy. Latium Region case study (Central Italy)," Applied Energy, Elsevier, vol. 110(C), pages 104-131.
    9. Vijay, Avinash & Fouquet, Nicolas & Staffell, Iain & Hawkes, Adam, 2017. "The value of electricity and reserve services in low carbon electricity systems," Applied Energy, Elsevier, vol. 201(C), pages 111-123.
    10. Xie, Y.L. & Huang, G.H. & Li, W. & Ji, L., 2014. "Carbon and air pollutants constrained energy planning for clean power generation with a robust optimization model—A case study of Jining City, China," Applied Energy, Elsevier, vol. 136(C), pages 150-167.
    11. Mechri, Houcem Eddine & Capozzoli, Alfonso & Corrado, Vincenzo, 2010. "USE of the ANOVA approach for sensitive building energy design," Applied Energy, Elsevier, vol. 87(10), pages 3073-3083, October.
    12. Feng, Zhen-Hua & Zou, Le-Le & Wei, Yi-Ming, 2011. "Carbon price volatility: Evidence from EU ETS," Applied Energy, Elsevier, vol. 88(3), pages 590-598, March.
    13. Nicolas Weidmann & Ramachandran Kannan & Hal Turton, 2012. "Swiss Climate Change and Nuclear Policy: A Comparative Analysis Using an Energy System Approach and a Sectoral Electricity Model," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 275-316, June.
    14. Scott, Ian J. & Carvalho, Pedro M.S. & Botterud, Audun & Silva, Carlos A., 2021. "Long-term uncertainties in generation expansion planning: Implications for electricity market modelling and policy," Energy, Elsevier, vol. 227(C).
    15. Kumar, Subhash & Madlener, Reinhard, 2015. "A Least-Cost Assessment of the CO2 Mitigation Potential Using Renewable Energies in the Indian Electricity Supply Sector," FCN Working Papers 14/2014, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    16. Mertens, Tim & Poncelet, Kris & Duerinck, Jan & Delarue, Erik, 2020. "Representing cross-border trade of electricity in long-term energy-system optimization models with a limited geographical scope," Applied Energy, Elsevier, vol. 261(C).
    17. Wang, Xingwei & Cai, Yanpeng & Chen, Jiajun & Dai, Chao, 2013. "A grey-forecasting interval-parameter mixed-integer programming approach for integrated electric-environmental management–A case study of Beijing," Energy, Elsevier, vol. 63(C), pages 334-344.
    18. Andersen, Kristoffer Steen & Wiese, Catharina & Petrovic, Stefan & McKenna, Russell, 2020. "Exploring the role of households’ hurdle rates and demand elasticities in meeting Danish energy-savings target," Energy Policy, Elsevier, vol. 146(C).
    19. Ramkishore Singh & Dharam Buddhi & Samar Thapa & Chander Prakash & Rajesh Singh & Atul Sharma & Shane Sheoran & Kuldeep Kumar Saxena, 2022. "Sensitivity Analysis for Decisive Design Parameters for Energy and Indoor Visual Performances of a Glazed Façade Office Building," Sustainability, MDPI, vol. 14(21), pages 1-27, October.
    20. Liu, M. & Huang, G.H. & Liao, R.F. & Li, Y.P. & Xie, Y.L., 2013. "Fuzzy two-stage non-point source pollution management model for agricultural systems—A case study for the Lake Tai Basin, China," Agricultural Water Management, Elsevier, vol. 121(C), pages 27-41.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:88:y:2011:i:3:p:622-629. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.