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Project 3: Economic and Investment Models For Future Grids Deliverable 2: The Scenarios

Foster, John and Liebman, Ariel and Wagner, Liam (2014): Project 3: Economic and Investment Models For Future Grids Deliverable 2: The Scenarios.

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Abstract

This chapter sets out the design of a scenario framework for the CSIRO Future Grid Cluster’s Project 3. It sets out how the various influences, or driving forces, are separated into four categorised. These being: Policy, States of the World, Sensitivities, and Linkages. The first two, policy, and states of the world, are then further broken down into two sub-categories: supply side influences, and demand side influences. Additionally, we take into account the reports from the CSIRO’s Future Grid Forum (CFGF), describing the comprehensive supply chain end-to-end study that used four major scenarios that are related to the scenario framework described her to be used in this cluster. The Forum also conducted sensitivities around these four scenarios. In section 1.3 of this document we describe the relationship between the CFGF scenarios and our scenario framework.

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