Preparing for Tomorrow’s Power Grid: MIT’s ‘Macro’ Tool Models an Uncertain Future
To navigate the challenges of infrastructure development in an uncertain future, particularly within the energy sector, the MIT Energy Initiative has developed an innovative modeling tool called ‘Macro’. This tool empowers power system planners to explore various scenarios their grids might face, aiding in the formulation of optimal infrastructure development strategies.
Macro visualizes the complex trade-offs involved in balancing potentially competing goals: decarbonization, reliability, and low costs. This allows planners to concretely assess the impact of diverse options, including the expansion of renewable energy, the adoption of new energy storage technologies, and grid reinforcement. The tool is designed to foster more realistic and effective planning for achieving long-term objectives, such as carbon neutrality by 2050.
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