Energy - GRACE

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GRACE describes supply and demand of five energy carriers: coal, crude oil, gas, refined oil, and electricity. Depending on data availability, the electricity generation is further divided into generation technologies including coal-fueled, oil-fueled, gas-fueled, nuclear, hydro, wind, solar, and other renewable technologies. The supply and demand is simulated by nested CES functions.

Alert-warning.png Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Center for International Climate Research (CICERO), Norway,
Solution concept General equilibrium (closed economy)
Solution method SimulationRecursive dynamic solution method