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Smart Cities • Vol 6 • No 5
System Dynamics Model of Decentralized Household Electricity Storage Implementation: Case Study of Latvia
September 2023 • Armands Grāvelsiņš, Erlanda Atvare, Edgars Kudurs, Anna Kubule, Dagnija Blumberga
Increasing renewable energy share in total energy production is a direction that leads toward the European Union’s aims of carbon neutrality by 2050, as well as increasing energy self-sufficiency and independence. Some of the main challenges to increasing renewable energy share while providing an efficient and secure energy supply are related to the optimization and profitability of de-centralized energy production systems. Integration of energy storage systems in addition to decentralized renewable energy product…
Renewable Energy
Environmental Economics
System Dynamics
Electricity
Energy Storage
Photovoltaic System
Business
Economics
Computer Science
Engineering
Finance
Market Economy
Electrical Engineering
Artificial Intelligence
Quantum Mechanics
Physics