Funded by: Fondazione Eni Enrico Mattei
January 2019 / December 2020

Environment, Energy, Uncertainty (EEU)

The project develops within the research group Agenda 2030 and it is linked to the Sustainable Development objectives numbers 2 (Food), 6 (Water) and 7 (Energy) and to the other sub-programs. 
The project aims to study the energy market, the new technologies, the decarbonisation process, the water cycle, and the costs and benefits of water management. In particular, the Energy, Water, Food Nexus studies how energy, water and food are closely interrelated from an economic point of view in the present and in the future in Developing and Developed Countries. A special focus is made on risk analysis. The project adopts mainly three integrated approaches. Part of the work developed in the context of the analysis of risk and uncertainty, firstly in the energy market and in renewable resources, secondly in the field of water and food management. A second approach uses Agent-based models that simulate resource management in a specific geographical area, studying the nexus Energy-Water-Food, with applications in developing countries. The third approach defines a macro model for assessing impacts over the long term, focusing in particular on the integration of the agricultural sector and water management, in a growth model applied to the country level.

Main Results and Outputs

The current state of the art is the following: 
1. For the analysis of the energy market, the project has developed calibrated survey models which are able to explain some strategies observed in the last few years in the context of the "Shale Revolution". This activity should be closed by the end of 2019; 
2. For the analysis of a renewable resource, researchers have produced a paper on the degree of efficiency deriving from the development of new technologies in the field of photovoltaic energy production; 
3. In this phase, the analysis related to Energy Water and Food has resulted in the identification of a possible development at a macro level that incorporates the agricultural sector and water consumption. At micro-agent level, a consolidated model is being introduced in specific contexts such as Nigeria and Kenya. 
4. The analysis of the risk and the impact of uncertainty on investments, has developed on the production of some papers related to the effects of policies and the policy of uncertain variables.

Project team
Project leader
Vergalli Sergio
Agenda 2030 Research Area Scientific Head Read more

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