Socio-economic drivers - POLES: Difference between revisions

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Behavioral changes is captured in 2 ways in POLES:


# a change of the economic activity (applies to Residential and Transport): this change depends on income and energy prices through appropriate elasiticies;
The two main drivers, population and GDP, are exogenous.
# a change in the rate of use of energy consuming equipments: this change depend on energy prices through short-term elasticities.

Latest revision as of 16:54, 22 December 2016

Model Documentation - POLES

    Corresponding documentation
    Previous versions
    Model information
    Model link
    Institution JRC - Joint Research Centre - European Commission (EC-JRC), Belgium, http://ec.europa.eu/jrc/en/.
    Solution concept Partial equilibrium (price elastic demand)
    Solution method SimulationRecursive simulation
    Anticipation Myopic

    The two main drivers, population and GDP, are exogenous.