System Thinking-System Dynamics for Sustainable Energy Planning in the Developing Economy
Titus Kehinde Olaniyi
Corresponding Author : Titus Kehinde Olaniyi
ABUAD Integrated Resources, Afe Babalola University Ado-Ekiti (ABUAD, Ado-Ekiti, Ekiti State, Nigeria.
Email ID : email@example.com
Received : 2014-01-10 Accepted : 2014-01-20 Published : 2014-01-20
Abstract : This article describes the importance of System Thinking (ST)/System Dynamics (SD) in addressing the complex sustainable energy planning issues with special focus to Developing Economy (DE). Many DE are undergoing dramatic changes in socio-economic policies such market liberalisation, financing and the incorporation of grounded externalities such as the environmental implications of energy projects. The article articulates the inherent limitations of traditional energy planning tools and reviews the underlying dynamics of Sustainable Energy Development (SED) in the DE. It argues that the traditional energy policy formulation that focuses on the present decision without identifying how past policies created the present complexities fail to guide future decisions. It position that the past energy development trends witnessed in the developed nations contradict the notion of SED. The major impediments to SED in the DE are inappropriate technology; complex social organisation; environmental (energy) and resource degradation, inadequate and confused investment directions amongst others. The proposed methodological approach analyses the dynamic forces that impinge on energy systems and seeks to improve the decision making process. This article fills an important gap in the literatures by pinpointing the pertinent issues that need addressing for SED in the DE.
Keywords : System Thinking / System Dynamics, Sustainable Energy Development, Energy and Developing Economies.
Citation : Titus Kehinde Olaniyi(2014) System Thinking-System Dynamics for Sustainable Energy Planning in the Developing Economy. J. of Advancement in Engineering and Technology. V1I1. DOI : 10.5281/zenodo.999497
Copyright : © 2014 Titus Kehinde Olaniyi. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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