Document Type

Thesis or dissertation

Date of this Version



Dr. Andrew Huemmler


An earthquake on March 11, 2011 caused catastrophic damage to Eastern Japan’s people, infrastructure and energy markets. This event signified the need for dramatic change towards sustainable energy. The recent Paris Accords on climate change has provided a framework for sustainability development towards CO2 emission reductions. Therefore, the experiment in this paper models the proposed increase to ~23 percent renewable generation as well as modest decreases in fossil fuel generation relative to generation demand and emissions reductions. The results of this paper will demonstrate that there is a ~56 percent chance under randomized input scenarios that cost increases remain within consumer tolerance levels. Further compounding this analysis, this probability falls to ~34 percent when considering targeted emissions levels. The incidence of these probabilities can be dramatically impacted by an overall decrease in the commodity inputs for fuel prices and an increase in costs levied against carbon emissions.


Emission reduction, Consumer Cost Tolerances, Paris Accords, Renewable Generation

Included in

Business Commons



Date Posted: 10 August 2016


To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.