Climate-adaptive planning for the long-term resilience of transportation energy infrastructure
Kieran P. Donaghy,
R. Richard Geddes and
H. Oliver Gao
Transportation Research Part E: Logistics and Transportation Review, 2018, vol. 113, issue C, 99-122
This paper investigates a long-term planning response to the climate-vulnerability of transportation energy infrastructure in the borough of Manhattan, NY. The proposed model, a two-stage stochastic optimization, features a hybrid utility-regret function with increasing relative and decreasing absolute risk aversion. Modeling results suggest (1) investment in early- and late-stage resilience-enhancing solutions as a complementary approach with significant weight on immediate actions, and (2) a decentralized supply chain formation through an early-stage deployment of reservoir tanks within the case study area.
Keywords: Transportation energy; Climate-adaptive planning; Resilience; Sea level rise; Flooding (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:113:y:2018:i:c:p:99-122
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