This talk presents the outcomes of a global agent-based simulation, where we have designed coordinated energy transitions for all countries in manner that they all fit by design into the planetary emissions constraints to limit global warming below 2 oC. Energy security policy is a key decider for the total energy investment costs of the transitions of countries as there is a delicate balance between prioritizing energy trade over domestic energy production. As electricity increases its share in the primary energy mix and intermittent sources gain higher penetration in the electricity mix, they also bring additional investment requirements, such as storage, therefore making the produce+store vs. trade question even more complicated. We find that while a scale-up of almost two orders magnitude in renewable energy investment is needed for a successful global transition and the trade balances and importer-exporter roles of some countries might change significantly in the cases of national transitions, a successful roadmap is within reach for all countries, dependent on careful planning.

For further details please contact Harry Hoster.

Please confirm attendance for catering purposes. There will be tea, coffee and cakes served from 11.30. You can register here

The presenter

Dénes is a newly appointed Lecturer in Energy Storage Systems Dynamics with Energy Lancaster. His research interests include system dynamics, energy transitions, energy storage, complex systems, multi-agent systems and data science. His data analyses and visualizations balance on the fine line between work and hobby as he also leads the datactivism blog Try something new. Everyday., exploring topics in development through data analysis and visualization. He organized educational workshops on sustainability and renewable energy across developing regions in Asia and Africa. Dénes holds a BSc in Electrical Engineering from the Technical University of Cluj-Napoca, Romania (2011), an MSc in Engineering Systems & Management (2013) and a PhD in Interdisciplinary Engineering (2016), both from Masdar Institute of Science and Technology, Abu Dhabi, in collaboration with MIT.

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