Future trends for biojet fuel and biosuccinic acid production in São Paulo state, Brazil: An agent-based modelling and simulation approach to explore institutional barriers and opportunities

Within the context of growing concerns about oil supply security and greenhouse gas emissions, both the aviation and petrochemical sector are exploring alternative feedstocks for the production of jet fuel and chemicals, respectively. In that light, research into bio-based jet fuels (biojet fuel) and bio-based chemicals has been accelerating in...

Potential effects of risk aversion on technology choices and security of supply: Researched with an agent-based model of a liberalised electricity market

Given the current vulnerability of the profitability of power plants to price volatilities and government policy changes, the role of risk considerations in power plant investment decisions becomes increasingly important. However, when we look at simulation studies that look into the long-term impact of different policy designs on electricity...