Mathematical model description - REMIND

From IAMC-Documentation
Jump to: navigation, search


Model Documentation - REMIND
Corresponding documentation
Model information
Institution Potsdam Institut für Klimafolgenforschung (PIK)
Concept Hybrid

Hybrid model that couples an economic growth model with a detailed energy system model and a simple climate model.

Solution method Inter-temporal optimization that maximizes cumulated discounted global welfare: Ramsey-type growth model with Negishi approach to regional welfare aggregation.
Anticipation Perfect Foresight

The documentation of REMIND equations can be found at http://www.pik-potsdam.de/research/sustainable-solutions/models/remind/remind-equations.pdf