IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i13p7720-d846906.html
   My bibliography  Save this article

Analysis of Renewable Energy Policies through Decision Trees

Author

Listed:
  • Dania Ortiz

    (MIT Portugal Program, Faculty of Engineering, University of Porto (FEUP), 4200-465 Porto, Portugal)

  • Vera Migueis

    (Institute for Systems and Computer Engineering, Technology and Science (INESCTEC), 4200-465 Porto, Portugal)

  • Vitor Leal

    (Department of Mechanical Engineering, Faculty of Engineering, University of Porto (FEUP), 4200-465 Porto, Portugal)

  • Janelle Knox-Hayes

    (Department of Urban Studies and Planning, Massachusetts Institute of Technology, 77 Massachusetts Avenue 9-424, Cambridge, MA 02139, USA)

  • Jungwoo Chun

    (Department of Urban Studies and Planning, Massachusetts Institute of Technology, 105 Massachusetts Avenue 9-366, Cambridge, MA 02139, USA)

Abstract

This paper presents an alternative way of making predictions on the effectiveness and efficacy of Renewable Energy (RE) policies using Decision Trees (DT). As a data-driven process for decision-making, the analysis uses the Renewable Energy (RE) target achievement, predicting whether or not a RE target will likely be achieved (efficacy) and to what degree (effectiveness), depending on the different criteria, including geographical context, characterizing concerns, and policy characteristics. The results suggest different criteria that could help policymakers in designing policies with a higher propensity to achieve the desired goal. Using this tool, the policy decision-makers can better test/predict whether the target will be achieved and to what degree. The novelty in the present paper is the application of Machine Learning methods (through the Decision Trees) for energy policy analysis. Machine learning methodologies present an alternative way to pilot RE policies before spending lots of time, money, and other resources. We also find that using Machine Learning techniques underscores the importance of data availability. A general summary for policymakers has been included.

Suggested Citation

  • Dania Ortiz & Vera Migueis & Vitor Leal & Janelle Knox-Hayes & Jungwoo Chun, 2022. "Analysis of Renewable Energy Policies through Decision Trees," Sustainability, MDPI, vol. 14(13), pages 1-31, June.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:13:p:7720-:d:846906
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/13/7720/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/13/7720/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Debnath, R. & Darby, S. & Bardhan, R. & Mohaddes, K. & Sunikka-Blank, M., 2020. "Grounded reality meets machine learning: A deep-narrative analysis framework for energy policy research," Cambridge Working Papers in Economics 2062, Faculty of Economics, University of Cambridge.
    2. Ghoddusi, Hamed & Creamer, Germán G. & Rafizadeh, Nima, 2019. "Machine learning in energy economics and finance: A review," Energy Economics, Elsevier, vol. 81(C), pages 709-727.
    3. Zendehboudi, Sohrab & Rezaei, Nima & Lohi, Ali, 2018. "Applications of hybrid models in chemical, petroleum, and energy systems: A systematic review," Applied Energy, Elsevier, vol. 228(C), pages 2539-2566.
    4. Voyant, Cyril & Notton, Gilles & Kalogirou, Soteris & Nivet, Marie-Laure & Paoli, Christophe & Motte, Fabrice & Fouilloy, Alexis, 2017. "Machine learning methods for solar radiation forecasting: A review," Renewable Energy, Elsevier, vol. 105(C), pages 569-582.
    5. Zakari, Abdulrasheed & Li, Guo & Khan, Irfan & Jindal, Abhinav & Tawiah, Vincent & Alvarado, Rafael, 2022. "Are abundant energy resources and Chinese business a solution to environmental prosperity in Africa?," Energy Policy, Elsevier, vol. 163(C).
    6. Zhifei Zhang & Zijian Zhao & Doo-Seoung Yeom, 2020. "Decision Tree Algorithm-Based Model and Computer Simulation for Evaluating the Effectiveness of Physical Education in Universities," Complexity, Hindawi, vol. 2020, pages 1-11, October.
    7. Lucertini, Giulia, 2012. "Evaluating public policies : Normative models beyond cost benefit analysis," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/9265 edited by Tsoukiàs, Alexis & D'Alpaos, Chiara.
    8. Ottesen, Stig Ødegaard & Tomasgard, Asgeir & Fleten, Stein-Erik, 2016. "Prosumer bidding and scheduling in electricity markets," Energy, Elsevier, vol. 94(C), pages 828-843.
    9. Heinermann, Justin & Kramer, Oliver, 2016. "Machine learning ensembles for wind power prediction," Renewable Energy, Elsevier, vol. 89(C), pages 671-679.
    10. Amir Mosavi & Mohsen Salimi & Sina Faizollahzadeh Ardabili & Timon Rabczuk & Shahaboddin Shamshirband & Annamaria R. Varkonyi-Koczy, 2019. "State of the Art of Machine Learning Models in Energy Systems, a Systematic Review," Energies, MDPI, vol. 12(7), pages 1-42, April.
    11. Kamali, Sadegh & Amraee, Turaj, 2017. "Blackout prediction in interconnected electric energy systems considering generation re-dispatch and energy curtailment," Applied Energy, Elsevier, vol. 187(C), pages 50-61.
    12. Moutis, Panayiotis & Skarvelis-Kazakos, Spyros & Brucoli, Maria, 2016. "Decision tree aided planning and energy balancing of planned community microgrids," Applied Energy, Elsevier, vol. 161(C), pages 197-205.
    13. Dania Ortiz & Vítor Leal, 2020. "Energy Policy Concerns, Objectives and Indicators: A Review towards a Framework for Effectiveness Assessment," Energies, MDPI, vol. 13(24), pages 1-26, December.
    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. Roberto Morcillo-Jimenez & Karel Gutiérrez-Batista & Juan Gómez-Romero, 2023. "TSxtend: A Tool for Batch Analysis of Temporal Sensor Data," Energies, MDPI, vol. 16(4), pages 1-29, February.

    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. Sabarathinam Srinivasan & Suresh Kumarasamy & Zacharias E. Andreadakis & Pedro G. Lind, 2023. "Artificial Intelligence and Mathematical Models of Power Grids Driven by Renewable Energy Sources: A Survey," Energies, MDPI, vol. 16(14), pages 1-56, July.
    2. Amir Mosavi & Mohsen Salimi & Sina Faizollahzadeh Ardabili & Timon Rabczuk & Shahaboddin Shamshirband & Annamaria R. Varkonyi-Koczy, 2019. "State of the Art of Machine Learning Models in Energy Systems, a Systematic Review," Energies, MDPI, vol. 12(7), pages 1-42, April.
    3. Mohammad Mahdi Forootan & Iman Larki & Rahim Zahedi & Abolfazl Ahmadi, 2022. "Machine Learning and Deep Learning in Energy Systems: A Review," Sustainability, MDPI, vol. 14(8), pages 1-49, April.
    4. Diego Lopez-Bernal & David Balderas & Pedro Ponce & Arturo Molina, 2021. "Education 4.0: Teaching the Basics of KNN, LDA and Simple Perceptron Algorithms for Binary Classification Problems," Future Internet, MDPI, vol. 13(8), pages 1-14, July.
    5. Jesús Ferrero Bermejo & Juan Francisco Gómez Fernández & Rafael Pino & Adolfo Crespo Márquez & Antonio Jesús Guillén López, 2019. "Review and Comparison of Intelligent Optimization Modelling Techniques for Energy Forecasting and Condition-Based Maintenance in PV Plants," Energies, MDPI, vol. 12(21), pages 1-18, October.
    6. Wolfram Rozas & Rafael Pastor-Vargas & Angel Miguel García-Vico & José Carpio, 2023. "Consumption–Production Profile Categorization in Energy Communities," Energies, MDPI, vol. 16(19), pages 1-27, October.
    7. Nebiyu Kedir & Phuong H. D. Nguyen & Citlaly Pérez & Pedro Ponce & Aminah Robinson Fayek, 2023. "Systematic Literature Review on Fuzzy Hybrid Methods in Photovoltaic Solar Energy: Opportunities, Challenges, and Guidance for Implementation," Energies, MDPI, vol. 16(9), pages 1-38, April.
    8. Nam, KiJeon & Hwangbo, Soonho & Yoo, ChangKyoo, 2020. "A deep learning-based forecasting model for renewable energy scenarios to guide sustainable energy policy: A case study of Korea," Renewable and Sustainable Energy Reviews, Elsevier, vol. 122(C).
    9. Guijo-Rubio, D. & Durán-Rosal, A.M. & Gutiérrez, P.A. & Gómez-Orellana, A.M. & Casanova-Mateo, C. & Sanz-Justo, J. & Salcedo-Sanz, S. & Hervás-Martínez, C., 2020. "Evolutionary artificial neural networks for accurate solar radiation prediction," Energy, Elsevier, vol. 210(C).
    10. Xie, Wen-Jie & Li, Mu-Yao & Zhou, Wei-Xing, 2021. "Learning representation of stock traders and immediate price impacts," Emerging Markets Review, Elsevier, vol. 48(C).
    11. Md Mijanur Rahman & Mohammad Shakeri & Sieh Kiong Tiong & Fatema Khatun & Nowshad Amin & Jagadeesh Pasupuleti & Mohammad Kamrul Hasan, 2021. "Prospective Methodologies in Hybrid Renewable Energy Systems for Energy Prediction Using Artificial Neural Networks," Sustainability, MDPI, vol. 13(4), pages 1-28, February.
    12. Mehmet Efe Biresselioglu & Muhittin Hakan Demir, 2022. "Constructing a Decision Tree for Energy Policy Domain Based on Real-Life Data," Energies, MDPI, vol. 15(7), pages 1-15, March.
    13. Claudia Condemi & Loretta Mastroeni & Pierluigi Vellucci, 2021. "The impact of Clean Spark Spread expectations on storage hydropower generation," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 44(2), pages 1111-1146, December.
    14. Lilia Tightiz & Joon Yoo, 2022. "A Review on a Data-Driven Microgrid Management System Integrating an Active Distribution Network: Challenges, Issues, and New Trends," Energies, MDPI, vol. 15(22), pages 1-24, November.
    15. Izanloo, Milad & Aslani, Alireza & Zahedi, Rahim, 2022. "Development of a Machine learning assessment method for renewable energy investment decision making," Applied Energy, Elsevier, vol. 327(C).
    16. Aslam, Sheraz & Herodotou, Herodotos & Mohsin, Syed Muhammad & Javaid, Nadeem & Ashraf, Nouman & Aslam, Shahzad, 2021. "A survey on deep learning methods for power load and renewable energy forecasting in smart microgrids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 144(C).
    17. Carlos Ruiz & Carlos M. Alaíz & José R. Dorronsoro, 2020. "Multitask Support Vector Regression for Solar and Wind Energy Prediction," Energies, MDPI, vol. 13(23), pages 1-21, November.
    18. Rushdi, Mostafa A. & Yoshida, Shigeo & Watanabe, Koichi & Ohya, Yuji, 2021. "Machine learning approaches for thermal updraft prediction in wind solar tower systems," Renewable Energy, Elsevier, vol. 177(C), pages 1001-1013.
    19. López, Germánico & Arboleya, Pablo, 2022. "Short-term wind speed forecasting over complex terrain using linear regression models and multivariable LSTM and NARX networks in the Andes Mountains, Ecuador," Renewable Energy, Elsevier, vol. 183(C), pages 351-368.
    20. Jen-Yu Lee & Tien-Thinh Nguyen & Hong-Giang Nguyen & Jen-Yao Lee, 2022. "Towards Predictive Crude Oil Purchase: A Case Study in the USA and Europe," Energies, MDPI, vol. 15(11), pages 1-15, May.

    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:gam:jsusta:v:14:y:2022:i:13:p:7720-:d:846906. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.