Agent-based scenarios comparison for assessing fuel-switching investment in long-term energy transitions of the India’s industry sector.
Highlights
•Large on-site survey to provide real-world investment data of 108 iron-steel plants.
•Agent-based integrated assessment framework to assess industry fuel-switching.
•Fuel-switching assessment including 4 investment metrics and 5 comparable scenarios.
•Partial-equilibrium agent-based scenarios of an evolving socio-technical system.
•Partial-equilibrium agent interactions produce non-smooth gas uptake patterns.
URL: https://www.sciencedirect.com/science/article/pii/S0306261920308072.