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

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Behmardi Rustam; TOFIGH ALI ASGHAR; SHAFIA MOHAMMAD ALI

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Journal: Journal of New Economy and Trade Year:2019 | Volume:13 | Issue:4 Page(s): 29-53

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Title

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

Author(s)

Behmardi Rustam | TOFIGH ALI ASGHAR | SHAFIA MOHAMMAD ALI | Issue Writer Certificate

Keywords

Learning CurveQ1

Monte CarloQ1

Renewable EnergyQ1

System Dynamic JEL Classification:C13Q3

C81Q1

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.

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APA: Copy

Behmardi, Rustam, TOFIGH, ALI ASGHAR, & SHAFIA, MOHAMMAD ALI. (2019). A Model for the Biogas Technology Pricing in Iran using a System Dynamics Approach. JOURNAL OF NEW ECONOMY & COMMERCE, 13(4 ), 29-53. SID. https://sid.ir/paper/392617/en

Vancouver: Copy

Behmardi Rustam, TOFIGH ALI ASGHAR, SHAFIA MOHAMMAD ALI. A Model for the Biogas Technology Pricing in Iran using a System Dynamics Approach. JOURNAL OF NEW ECONOMY & COMMERCE[Internet]. 2019;13(4 ):29-53. Available from: https://sid.ir/paper/392617/en

IEEE: Copy

Rustam Behmardi, ALI ASGHAR TOFIGH, and MOHAMMAD ALI SHAFIA, “A Model for the Biogas Technology Pricing in Iran using a System Dynamics Approach,” JOURNAL OF NEW ECONOMY & COMMERCE, vol. 13, no. 4 , pp. 29–53, 2019, [Online]. Available: https://sid.ir/paper/392617/en

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