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A strong argument for using non-commodities to generate electricity

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Previous issue date: 2009 / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior / An optimal control approach towards generating electricity is used to analyze the
trade-off between the use of primary sources which are regarded as commodities, such
as fossil fuels, biomass and water, and their other economic uses (for example, in the
petrochemical industry, in the production of fuels, in agriculture, in steelmaking, and so
forth). In order to do so, a dynamic model is presented which establishes relationships
between economic growth, the fossil fuel, water and biomass sectors, and energy policies,
based on the application of the Pontryagin Maximum Principle. Among other results, the
analysis establishes that, in the optimal path, the price of commodities for non-energy
uses should be twice the price of the energy assets, which indicates the need to use sources
which are not commodities such as solar energy, wind energy, and geothermal energy, to
generate electricity

Identiferoai:union.ndltd.org:IBICT/oai:repositorio.ufpe.br:123456789/5091
Date31 January 2009
CreatorsTatiana Marques Santiago, Katarina
ContributorsMenezes Campello de Souza, Fernando
PublisherUniversidade Federal de Pernambuco
Source SetsIBICT Brazilian ETDs
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/publishedVersion, info:eu-repo/semantics/masterThesis
Sourcereponame:Repositório Institucional da UFPE, instname:Universidade Federal de Pernambuco, instacron:UFPE
Rightsinfo:eu-repo/semantics/openAccess

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