A Model for the Biogas Technology Pricing in Iran Using a System Dynamics Approach

Document Type : Research Paper

Authors

1 MSc in Engineering, Technology and Innovation management, Amirkabir University of Technology

2 Associate Professor, Department of Industrial Engineering and Management Systems, Amirkabir University of Technology

3 Associate Professor, Department of Industrial Engineering, University of Science and Technology

Abstract

Renewable energies have attracted more attention due to the increase in the demand for energy, limited fossil fuel resources, and rising greenhouse gas emissions. However, high investment costs can be considered as one of the major problems for the development of renewable energy technologies. In this study, we design a model to investigate the relationship between price, biogas technology development, and the benefits of stakeholders based on the system dynamic approach. The results of various simulation scenarios show that the state variables have greater effect on the technology development price than the market variables. Moreover, the results reveal that the government subsidies are more influential in the process of the technology development and pricing, compared to the other state variables.

Keywords


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