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SUMMARY:Empirically grounded technology forecasts and the energy transitio
 n - Dr Rupert Way\, Smith School of Enterprise and the Environment. Oxford
  Martin School
DTSTART:20230310T140000Z
DTEND:20230310T150000Z
UID:TALK197596@talks.cam.ac.uk
CONTACT:Speaker to be confirmed
DESCRIPTION:The Energy IRC invites you to join us\, where *Dr Rupert Way* 
 (Smith School of Enterprise and the Environment. Oxford Martin School) wil
 l present how compared to continuing with a fossil \nfuel-based system\, a
  rapid green energy transition will likely result in net savings of many t
 rillions of dollars\, even without accounting for climate damages or co-be
 nefits of climate policy.\n\n\nABSTRACT\nRapidly decarbonising the global 
 energy system is critical for addressing climate change\, but concerns abo
 ut costs have been a barrier to implementation. Historically\, most energy
 -economy models have overestimated the future costs of key renewable energ
 y technologies and underestimated their deployment\, thereby overestimatin
 g total energy transition costs.\n\nThese issues have driven calls for alt
 ernative approaches and more reliable technology forecasting methods. We u
 se an approach based on probabilistic cost forecasting methods that have b
 een statistically validated by backtesting on more than 50 technologies to
  estimate future energy system costs in a variety of scenarios.\n\nRegiste
 r at "https://www.eventbrite.co.uk/e/empirically-grounded-technology-forec
 asts-and-the-energy-transition-tickets-549347552317":https://www.eventbrit
 e.co.uk/e/empirically-grounded-technology-forecasts-and-the-energy-transit
 ion-tickets-549347552317
LOCATION:Maxwell Centre\, JJ Thomson Avenue\, cambridge
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