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The essential role of scenarios in navigating energy market uncertainty

Written by Sian Morgan

Is it possible to plan for the future in an increasingly complex energy system? Cue modeling scenarios.

Scenarios help us make sense of uncertainty by quantifying variables and calculating multiple, credible pathways with powerful computer software.

In our latest insight article, Sian Morgan, Principal at AFRY, unpacks:

  • Why we model scenarios
  • Three core characteristics of a “good” scenario
  • Why and when a new scenario would need to be created to complement existing scenarios
  • The difference between modeling “sensitivities” due to system shocks and “scenarios”
  • Why consistent modeling frameworks are essential

Click here External link, opens in new window. to read the full article on the AFRY website.

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