Model scope and methods - REMIND

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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

REMIND (Regional Model of Investments and Development)[1][2][3][4][5][6]is a global multi-regional model incorporating the economy, the climate system, and a detailed representation of the energy sector.

  1. Leimbach M, Bauer N, Baumstark L, et al (2010a) Technological Change and International Trade - Insights from REMIND-R. The Energy Journal 31:109–136. doi: 10.5547/ISSN0195-6574-EJ-Vol31-NoSI-5
  2. Leimbach M, Bauer N, Baumstark L, Edenhofer O (2010b) Mitigation Costs in a Globalized World: Climate Policy Analysis with REMIND-R. Environ Model Assess 15:155–173. doi: 10.1007/s10666-009-9204-8
  3. Luderer G, Pietzcker RC, Kriegler E, et al (2012) Asia’s role in mitigating climate change: A technology and sector specific analysis with ReMIND-R. Energy Economics 34:S378–S390
  4. Bauer N, Baumstark L, Leimbach M (2012a) The REMIND-R model: the role of renewables in the low-carbon transformation—first-best vs. second-best worlds. Climatic Change 114:145–168. doi: 10.1007/s10584-011-0129-2
  5. Bauer N, Brecha RJ, Luderer G (2012b) Economics of nuclear power and climate change mitigation policies. PNAS 109:16805–16810. doi: 10.1073/pnas.1201264109
  6. Luderer G, Leimbach M, Bauer N, et al (2013) Description of the REMIND Model (Version 1.5). SSRN Working Paper 2312844