An Overview of the Energy Expansion Model

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The term energy expansion model refers to an electricity capacity expansion model, a tool that simulates generation and transmission capacity investment. The model uses given assumptions of input parameters, their future values, and policy considerations.

This model is employed to address the following critical questions:

1. How can we plan a cost-effective technology mix and transmission infrastructure for the future?

2. How does the optimal electricity power system evolve when subjected to constraints related to carbon emissions reduction and environmental objectives?

References:
📘 Power Sector Modeling
📄 Capacity Expansion Modeling