Energy demand - GRACE
Energy demand is generally simulated as one group of inputs to energy consumers, who make a trade-off between energy use and other goods based on a behavior simulated by nested CES functions.
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|Institution||Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.|
|Solution concept||General equilibrium (closed economy)|
|Solution method||SimulationRecursive dynamic solution method|