Policy - TIAM-UCL
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| Corresponding documentation | |
|---|---|
| Previous versions | |
| Model information | |
| Model link | |
| Institution | University College London (UCL), UK, https://www.ucl.ac.uk. |
| Solution concept | Partial equilibrium (price elastic demand) |
| Solution method | Linear optimisation |
| Anticipation | Perfect Foresight
(Stochastic and myopic runs are also possible) |
A variety of energy and climate policies can be implemented, depending on the approach, usually by creating specific scenario files to incorporate the policy elements.
A number of general or specific policy choices can be modelled including:
- Emissions taxes,
- permit trading,
- specific technology subsidies
- Technology and/or resource constraints
- Technology and/or resource targets