Technological change in energy - C3IAM
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|Model link||http://inems1.bit.edu.cn/C3IAM; https://ideas.repec.org/a/spr/nathaz/v92y2018i2d10.1007 s11069-018-3297-9.html; https://www.nature.com/articles/s41467-020-15453-z|
|Institution||Center for Energy and Environmental Policy Research, Beijing Institute of Technology (CEEP-BIT), China, http://ceep.bit.edu.cn/english/.|
|Solution concept||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.