Technological change in energy - C3IAM
|Center for Energy and Environmental Policy Research, Beijing Institute of Technology (CEEP-BIT), China, http://ceep.bit.edu.cn/english/.
|General equilibrium (closed economy)
In C3IAM, technological change in energy is reflected by energy consumption per unit of output decreases externally over time (the so-called autonomous energy efficiency improvement index, AEEI), which has an energy use efficiency improvement over time.
Technological change in electricity sector also has been specified with two advanced generation technologies: natural gas combined cycle technology with carbon capture and sequestration (NGCC-CCS) and integrated coal gasification technology with carbon capture and sequestration (IGCC-CCS). If these technologies are economically competitive with existing technologies, they will endogenously enter.