Macro-economy - TIAM-UCL

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Model Documentation - TIAM-UCL

Corresponding documentation
Previous versions
Model information
Model link
Institution University College London (UCL), UK, https://www.bartlett.ucl.ac.uk/energy.
Solution concept Partial equilibrium (price elastic demand)
Solution method Linear optimisation
Anticipation Perfect Foresight

(Stochastic and myopic runs are also possible)

The economy is represented for each region by hard-linking TIAM-UCL with Macro Stand Alone (MSA) module to allow consideration of the rest of the economy beyond energy i.e. general not partial equilibrium, and endogenises demand changes.