a brief overview of the modeling framework is presented
below.
Modeling Framework
This chapter provides an estimate of the potential economic
benefits from the integration of smart grids through the
application of CSIRO's Global and Local Learning Model
(GALLM).
2
GALLM is an international and regional
electricity sector model that features endogenous technology
learning via the use of experience curves. GALLM projects
the global uptake of electricity generation technologies under
business as usual and alternative policy environments.
Currently the model is separated into three zones; developed
countries,
3
less developed countries,
4
and Australia [4]. The
model estimates the least-cost mix of different electricity
generation technologies to meet electricity demand in each
region over time, factoring in different initial generation
capacities [5], different resources [6], [7], [8] and [9] and
different electricity demand growth rates [8].
2
The Commonwealth Scientific and Industrial Research Organisation
(CSIRO; http://www.csiro.au) is Australia's national science agency and
one of the largest and most diverse research agencies in the world.
3
Developed countries in the model include Austria, Belgium, Bulgaria,
Canada, Croatia, Czech Republic, Denmark, Finland, France, Germany,
Greece, Hungary, Iceland, Ireland, Italy, Japan, Latvia, Luxembourg,
Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russia,
Slovenia, Spain, Sweden, Switzerland, United Kingdom, Ukraine, and
United States.
4
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