Agent-based modeling of urban energy supply systems

Authored by Tobias Wittmann, Thomas Bruckner

Date Published: 2007

DOI: 10.1007/s11576-007-0079-5

Sponsors: No sponsors listed

Platforms: No platforms listed

Model Documentation: Other Narrative

Model Code URLs: Model code not found

Abstract

The paper presents a novel agent-based modeling approach that is especially designed to investigate the future development of urban energy supply systems embedded in liberalized markets. Private energy investment decisions are modeled using representative agents exhibiting bounded rationality. A highly resolved energy system optimization model is combined with the agent model and applied to investigate the overall influence of the different investment decisions on the performance of the urban energy supply system. Within a proof of concept application, diffusion curves are derived that describe the time-dependent market penetration of competing energy saving and energy conversion technologies.
Tags
Agent-based model Bounded rationality Technology diffusion energy supply systems social millieus