Multi-objective dynamic optimization model for China’s road transport energy technology switching

Abstract

Deducting the future switching of the road transport energy technology is one of the key preconditions for relative technology development planning. However, one of the difficulties is to address the issue of multi-objective and conflicting constrains, e.g., minimizing the climate mitigation or minimizing economic cost. In this paper, a dynamic optimization model was established, which can be used to analyze the road transport energy technology switching under multi-objective constrains. Through one case study, a series of solutions could be derived to provide decision-makers with the flexibility to choose the appropriate solution with respect to the given situation.

Keywords

technology switching / transport energy system / multi-objective / CO₂ mitigation