Abstract
The European energy system is facing great challenges and changes. Ambitious EU targets for emission reductions, increasing renewable generation and improved energy efficiency by 2020, as well as a low-carbon economy by 2050 will require a major transformation of the energy system.
Key Performance Indicators (KPIs) are a useful and powerful tool for visualising and comparing model pathways. In this seminar, two master’s students from Chalmers University will present their work on developing KPIs to facilitate an increased understanding of the consequences and opportunities in the evolution of the European electric power system. In particular, a key aim is to develop an overall Sustainability Index which will capture the three dimensions of sustainable development: social, economic and environmental. This will be useful to clearly visualize and demonstrate each policy scenario’s sustainability characteristics. The thesis is based on three pathway scenarios: Climate Market, Regional Policy and Green Policy produced by Chalmers’ electricity investment model (ELIN). By visualizing and characterizing the consequences of the different scenarios, policy-makers and stakeholders are allowed a more explicit view and understanding of the path for change.
About the speakers
Speaker David Elofsson
Cassandra Hellman (pictured above) and David Elofsson (pictured right) are Master of Science students in Sustainable Energy Systems at Chalmers University of Technology in Gothenburg, Sweden. Currently, they are conducting their Master thesis on the topic of applying Key Performance Indicators in energy systems modelling. The work is done under the supervision of the division of energy technology at the department of Energy and Environment at Chalmers.
They both have a background as BSc in Mechanical Engineering from Chalmers, and have a whole‑hearted interest in energy and sustainability. Owing to generous grants from the local energy utility and the program board of Mechanical Engineering at Chalmers, they have had the opportunity to visit Imperial College London to exchange experiences with the researchers at Grantham Institute and Imperial.