Decision Impact Assessment Model

RESOURCE

Abstract

DIAMOND represents the decision-making environment that utility planners and executives face. Users interact with the model after every year or two of simulation, which provides an opportunity to modify past decisions as well as to make new decisions. For example, construction of a power plant can be started one year, and if circumstances change, the plant can be accelerated, mothballed, cancelled, or continued as originally planned. Similarly, the marketing and financial incentives for demand-side management programs can be changed from year to year. This frequent user interaction with the model, an operational game, should build greater understanding and insights among utility planners about the risks associated with different types of resources.
Release Date:
1991-08-01
Project Type:
Closed Source
Software Type:
Scientific
Sponsoring Org.:
Code ID:
11887
Site Accession Number:
649
Research Org.:
Oak Ridge National Laboratory (ORNL), Oak Ridge, TN (United States)
Country of Origin:
United States

RESOURCE

Citation Formats

Hirst, Eric, Yourstone, Evelin, and Gettings, Michael. Decision Impact Assessment Model. Computer Software. DOE/CE. 01 Aug. 1991. Web. doi:10.11578/dc.20180614.1.
Hirst, Eric, Yourstone, Evelin, & Gettings, Michael. (1991, August 01). Decision Impact Assessment Model. [Computer software]. https://doi.org/10.11578/dc.20180614.1.
Hirst, Eric, Yourstone, Evelin, and Gettings, Michael. "Decision Impact Assessment Model." Computer software. August 01, 1991. https://doi.org/10.11578/dc.20180614.1.
@misc{ doecode_11887,
title = {Decision Impact Assessment Model},
author = {Hirst, Eric and Yourstone, Evelin and Gettings, Michael},
abstractNote = {DIAMOND represents the decision-making environment that utility planners and executives face. Users interact with the model after every year or two of simulation, which provides an opportunity to modify past decisions as well as to make new decisions. For example, construction of a power plant can be started one year, and if circumstances change, the plant can be accelerated, mothballed, cancelled, or continued as originally planned. Similarly, the marketing and financial incentives for demand-side management programs can be changed from year to year. This frequent user interaction with the model, an operational game, should build greater understanding and insights among utility planners about the risks associated with different types of resources.},
doi = {10.11578/dc.20180614.1},
url = {https://doi.org/10.11578/dc.20180614.1},
howpublished = {[Computer Software] \url{https://doi.org/10.11578/dc.20180614.1}},
year = {1991},
month = {aug}
}