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2021 | OriginalPaper | Chapter

The Role of Social Discount Rate in Energy Modelling

Authors : Asma Dhakouani, Essia Znouda, Chiheb Bouden

Published in: Energy and Environmental Security in Developing Countries

Publisher: Springer International Publishing

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Abstract

Energy systems modelling aims to introduce a sustainable energy system design with an improved understanding of present and future interactions between demand-supply, environment, and economy. Treating energy systems started in the 1950s and have led to various approaches and models. Amongst common metrics, the discount rate impacts time horizon costs, benefits, demand and supply. This chapter presents an objective overview of energy systems approaches based on their historical evolutions. In order to point out social benefits and costs, the use of social discount rate for the Tunisian power system is argued.

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In statistical analysis of time series data, models are sometimes built on variables predicted based on historical evolution. This is called auto-regression or autoregressive models, and the values of the variables would be predictive variables, called lagged variables.

End-use called as well engineering-economic or accounting.

Artificial neural networks called as well combined or hybrid.

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Title: The Role of Social Discount Rate in Energy Modelling
Authors: Asma Dhakouani
Essia Znouda
Chiheb Bouden
Publisher: Springer International Publishing
Book: Energy and Environmental Security in Developing Countries
Print ISBN: 978-3-030-63653-1

Electronic ISBN: 978-3-030-63654-8

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-3-030-63654-8_19

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