In this article, a conceptual framework for a comprehensive evaluation of the diffusion process of alternative fuel vehicles is introduced. The framework takes into account the most influencing stakeholders, including car manufacturers, car dealers, consumers, energy supply system, fuel stations...

This paper presents a comparative analysis of electric, hydrogen and biofuel transitional pathways to a future sustainable road transport in Iceland, a country with a renewable-based energy system. The analysis is based on a system-dynamics model of Icelandic energy and transport systems...

This paper develops a system dynamics model of Iceland׳s energy sector (UniSyD_IS) that is based on the UniSyD_NZ model of New Zealand׳s energy economy. The model focuses on the energy supply sector with endogenous representation of road transport energy demand. Equilibrium interactions are...

This paper investigates the housing and mortgage markets by means of an agent-based macroeconomic model of a credit network economy. A set of computational experiments have been carried out in order to explore the effects of different households' creditworthiness conditions required by banks in...

In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the consumption goods market, the labor market, the credit market and the...

The paper presents further experiments with an extended version of a comprehensive model for assessment of energy technologies and research and development (R&D) planning to evaluate the impact of innovation programs on development of Iranian electricity-supply system. This analytical instrument...

The purpose of this study is to apply managerial economics and methods of decision analysis to study the optimal pattern of innovation activities for development of new energy technologies in developing countries. For this purpose, a model of energy research and development (R&D) planning is...

The lithium-ion battery is one of the most promising technologies for energy storage in many recent and emerging applications. However, the cost of lithium-ion batteries limits their penetration in the public market. Energy input is a significant cost driver for lithium batteries due to both the...

The underlying time framework used is one of the major differences in the basic structure of mathematical programming formulations used for production scheduling problems. The models are either based on continuous or discrete time representations. In the literature there is no general agreement...

Sustainable development calls for the use of sustainable energy systems. However, the way in which a geothermal resource is utilized will ultimately determine whether or not the utilization is sustainable. Energy usage is set to increase worldwide, and geothermal energy usage for both...