The role of renewable energy in the energy system: An issue in the philosophy of renewal of natural resources

This paper argues that a pragmatic approach to natural resources may address the issue of renewal well, although a definite philosophy of renewal is essential. To establish this argument, an energy model termed the Australian Energy Policy System Optimization Model (AEPSOM) is adopted as a case stud...

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Bibliographic Details
Published in:Energy economics 1995-04, Vol.17 (2), p.117-124
Main Author: Islam, Sardar M.N.
Format: Article
Language:English
Subjects:
Alternative energy sources
Applied sciences
Australia
Case studies
Decision making models
Energy
Energy economics
Energy policy
Exact sciences and technology
General, economic and professional studies
Mathematical models
Multilevel optimization
Natural resources
Philosophy
Pragmatism
Q1
Renewable energy
Renewable energy sources
Resource scarcity
Roles
Studies
Technology
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Summary:This paper argues that a pragmatic approach to natural resources may address the issue of renewal well, although a definite philosophy of renewal is essential. To establish this argument, an energy model termed the Australian Energy Policy System Optimization Model (AEPSOM) is adopted as a case study. Results of the model support the argument.
ISSN:0140-9883
1873-6181
DOI:10.1016/0140-9883(95)99824-U