Development of the Complex Nexus of Socio-Techno-Economic-Environmental Parametric (STEEP) Metrics for Evaluating Coal-to-Clean Energy Transitions

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Main Authors: Abdussami, Muhammad R., Verma, Aditi
Format: Preprint
Published: 2024
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author Abdussami, Muhammad R.
Verma, Aditi
author_facet Abdussami, Muhammad R.
Verma, Aditi
contents Transitioning from coal to clean energy, such as nuclear and renewables, is essential for mitigating climate change, improving air quality, and ensuring sustainable energy security. Reducing reliance on coal lowers greenhouse gas emissions and pollution, which enhances public health and economic growth through renewable energy investments. Clean energy also fosters energy independence and long-term sustainability. This paper presents a Complex Nexus of Socio-Techno-Economic-Environmental Parametric (STEEP) Metrics to systematically evaluate and guide these transitions, facilitating informed decision-making and optimizing resource allocation. The methodology is classified into three approaches: optimal site selection using a multi-criteria decision-making framework that ranks coal plant sites based on societal, technical, economic, and environmental criteria; long-term planning evaluation through performance indicators comparing Greenfield, Coal-to-Nuclear (C2N), and Coal-to-Integrated Energy Systems (C2IES); and short-term operational benefits assessment using the Unit Commitment Economic Dispatch (UCED) model to optimize generator scheduling and minimize costs across various scenarios. This framework enables practical analysis of coal-to-clean transitions, identifying the best strategies for implementation.
format Preprint
id arxiv_https___arxiv_org_abs_2410_04212
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Development of the Complex Nexus of Socio-Techno-Economic-Environmental Parametric (STEEP) Metrics for Evaluating Coal-to-Clean Energy Transitions
Abdussami, Muhammad R.
Verma, Aditi
Physics and Society
Transitioning from coal to clean energy, such as nuclear and renewables, is essential for mitigating climate change, improving air quality, and ensuring sustainable energy security. Reducing reliance on coal lowers greenhouse gas emissions and pollution, which enhances public health and economic growth through renewable energy investments. Clean energy also fosters energy independence and long-term sustainability. This paper presents a Complex Nexus of Socio-Techno-Economic-Environmental Parametric (STEEP) Metrics to systematically evaluate and guide these transitions, facilitating informed decision-making and optimizing resource allocation. The methodology is classified into three approaches: optimal site selection using a multi-criteria decision-making framework that ranks coal plant sites based on societal, technical, economic, and environmental criteria; long-term planning evaluation through performance indicators comparing Greenfield, Coal-to-Nuclear (C2N), and Coal-to-Integrated Energy Systems (C2IES); and short-term operational benefits assessment using the Unit Commitment Economic Dispatch (UCED) model to optimize generator scheduling and minimize costs across various scenarios. This framework enables practical analysis of coal-to-clean transitions, identifying the best strategies for implementation.
title Development of the Complex Nexus of Socio-Techno-Economic-Environmental Parametric (STEEP) Metrics for Evaluating Coal-to-Clean Energy Transitions
topic Physics and Society
url https://arxiv.org/abs/2410.04212