System Thinking-System Dynamics for Sustainable Energy Planning in the Developing Economy

Olaniyi, Titus Kehinde (2014) System Thinking-System Dynamics for Sustainable Energy Planning in the Developing Economy. JOURNAL OF ADVANCEMENTINENGINEERING AND TECHNOLOGY. pp. 1-9. ISSN 2348-2931

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Abstract

This article describes the importance of System Thinking (ST)/System Dynamics (SD) in addressing the complex sustainable energy planning issues with special focus to Developing Economy (DE). Many DE are undergoing dramatic changes in socio-economic policies such market liberalisation, financing and the incorporation of grounded externalities such as the environmental implications of energy projects. The article articulates the inherent limitations of traditional energy planning tools and reviews the underlying dynamics of Sustainable Energy Development (SED) in the DE. It argues that the traditional energy policy formulation that focuses on the present decision without identifying how past policies created the present complexities fail to guide future decisions. It position that the past energy development trends witnessed in the developed nations contradict the notion of SED. The major impediments to SED in the DE are inappropriate technology; complex social organisation; environmental (energy) and resource degradation, inadequate and confused investment directions amongst others. The proposed methodological approach analyses the dynamic forces that impinge on energysystems and seeks to improve the decision making process. This article fills an important gap in the literatures by pinpointing the pertinent issues that need addressing for SED in the DE

Item Type: Article
Uncontrolled Keywords: System Thinking / System Dynamics, Sustainable Energy Development, Energy and Developing Economies
Subjects: T Technology > T Technology (General)
Divisions: Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User: Mr. Victor Sebiotimo
Date Deposited: 18 Mar 2019 12:38
Last Modified: 18 Mar 2019 12:38
URI: http://eprints.abuad.edu.ng/id/eprint/260

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