Socio-economic drivers - PROMETHEUS
The two main socio-economic drivers, population and GDP, are exogenous in PROMETHEUS.
The key marco-economic assumptions are derived from population and GDP projections.
Starting from historical data, sectoral economic activity variables are calculated (capturing regional differentiation):
- sectoral value added by sector (industries, services, agriculture): depends on the level of development of the region, given by GDP per capita (industrialization phase followed by service-based economy);
- industrial physical production: depends on the evolution of sectoral value added, which depends on the level of development;
- mobility (for passengers and for goods): depends on the evolution of GDP per capita and transport activity (measured in terms of passenger-km/cars per capita or tonne-km) as well as the average cost of transport compared to income
- buildings surfaces: depend on households size and surface per dwelling, both depending on personal income.
|No previous version available|
|Institution||E3Modelling (E3M), Greece, https://e3modelling.com/modelling-tools.|
|Solution concept||Partial equilibrium (price elastic demand)|
|Anticipation||Energy system simulation.Foresight is included only is some sub-modules (i.e. electricity generation)|