8/10/2019 Bridging the Macro and the Micro Eludoyin

1/9

Bridging the Macro and the Micro: IntEmpirical Realities with Scenario Analysis

Elusiyan Eludoyin

Doctoral Researcher

UCL Energy Institute

8/10/2019 Bridging the Macro and the Micro Eludoyin

2/9

8/10/2019 Bridging the Macro and the Micro Eludoyin

3/9

Aim

olicy !or sustaina"le pro#ision and adoption o! moder

ser#ices$

Sustainability of the transition for different consumers, un

changing environments. Nature of the transition

Suitability of olicy mechanisms for given socio!economi

Consumer and Sulier relations " #o$ %olicy imacts&

%o#ernment&

'e#$ Agency

olicy

In#estors

Modern Energy

Ser#ice

Suppliers

'acro '

8/10/2019 Bridging the Macro and the Micro Eludoyin

4/9

Concept

(ransition (consumer) Energy ladder, fuel stac)ing

*o$sari and +errifi - " three dimensional assessment (energy ser

Decision ma)ing (consumer) /ehavioural economics, technology adotion theory, social and enviro

sychology, sociology

0ilson et al --1 " various economical and non!economical factors

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

#olistic transition /eyond financial necessities

Sta)eholder engagement and nature, lin)ed to underlying goals 2susta

#ouseholds, li#elihoods4 S'Es5ublic institutions, a#oided costsa

addition

Suliers, organisational o"(ecti#e (profit, not-for profit)

8/10/2019 Bridging the Macro and the Micro Eludoyin

5/9

)RA*SI)I+*

service

C6NSU'ERS

SU%%LIERS

demand

C+*'I)I+*S

MAR

E*-II*-ES)+RS

(ye of investment

Contractual terms

%artnershis

Economy

Energy Resources

Industriali7ationSovereignty

%olitical stability,

(ransarency

Resou

Li8uid

Regula

(echn

0ider structu

Framework

8/10/2019 Bridging the Macro and the Micro Eludoyin

6/9

8/10/2019 Bridging the Macro and the Micro Eludoyin

7/9

8/10/2019 Bridging the Macro and the Micro Eludoyin

8/9

8/10/2019 Bridging the Macro and the Micro Eludoyin

9/9