Abstract
Climate change is often considered in terms of its macroscale implications. But macroscale policy decisions may also significantly impact the localised design of products and services in different business ecosystems. This paper addresses this disconnect by exploring a methodology that combines engineering economics, probabilistic risk assessment, and thermodynamic analysis to evaluate different policy choices. The approach is demonstrated in the context of a representative segment of a hypothetical electrical grid distribution system located between two Electric Power Generating Stations (EPGS) facing overload as additional customer demands are projected to be integrated with renewable sources in the near-term future.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
