A simulation model for reliability-based appraisal of an energy policy

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dc.contributor.author Ghajar, R.F.
dc.contributor.author Hamdan, H.A.
dc.contributor.author Chedid, R.B.
dc.date.accessioned 2017-04-28T08:17:56Z
dc.date.available 2017-04-28T08:17:56Z
dc.date.copyright 2012 en_US
dc.date.issued 2017-04-28
dc.identifier.issn 1873-6777 en_US
dc.identifier.uri http://hdl.handle.net/10725/5556
dc.description.abstract The Lebanese Electric Power System (LEPS) has been suffering from technical and financial deficiencies for decades and mirrors the problems encountered in many developing countries suffering from inadequate or no power systems planning resulting in incomplete and ill-operating infrastructure, and suffering from effects of political instability, huge debts, unavailability of financing desired projects and inefficiency in operation. The upgrade and development of the system necessitate the adoption of a comprehensive energy policy that introduces solutions to a diversity of problems addressing the technical, financial, administrative and governance aspects of the system. In this paper, an energy policy for Lebanon is proposed and evaluated based on integration between energy modeling and financial modeling. The paper utilizes the Load Modification Technique (LMT) as a probabilistic tool to assess the impact of policy implementation on energy production, overall cost, technical/commercial losses and reliability. Scenarios reflecting implementation of policy projects are assessed and their impacts are compared with business-as-usual scenarios which assume no new investment is to take place in the sector. Conclusions are drawn on the usefulness of the proposed evaluation methodology and the effectiveness of the adopted energy policy for Lebanon and other developing countries suffering from similar power system problems. en_US
dc.language.iso en en_US
dc.title A simulation model for reliability-based appraisal of an energy policy en_US
dc.type Article en_US
dc.description.version Published en_US
dc.title.subtitle the case of Lebanon en_US
dc.author.school SOE en_US
dc.author.idnumber 199590160 en_US
dc.author.department Electrical And Computer Engineering en_US
dc.description.embargo N/A en_US
dc.relation.journal Energy policy en_US
dc.journal.volume 45 en_US
dc.article.pages 293-303 en_US
dc.keywords Production costing en_US
dc.keywords Reliability evaluation en_US
dc.keywords Generation expansion en_US
dc.identifier.doi https://doi.org/10.1016/j.enpol.2012.02.034 en_US
dc.identifier.ctation Hamdan, H. A., Ghajar, R. F., & Chedid, R. B. (2012). A simulation model for reliability-based appraisal of an energy policy: The case of Lebanon. Energy Policy, 45, 293-303. en_US
dc.author.email rghajar@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://www.sciencedirect.com/science/article/pii/S0301421512001516 en_US
dc.orcid.id https://orcid.org/0000-0002-0630-8140 en_US
dc.author.affiliation Lebanese American University en_US

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