Fossil energy resources - EPPA: Difference between revisions
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Fossil energy resources considered in EPPA include coal, crude oil, and natural gas. For each type of fossil fuel, there is a module in EPPA that takes into account the effect of fossil fuel depletion on its price. | |||
Latest revision as of 22:08, 8 August 2022
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| Model information | |
| Model link | |
| Institution | Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/. |
| Solution concept | General equilibrium (closed economy) |
| Solution method | Optimization |
| Anticipation | |
Fossil energy resources considered in EPPA include coal, crude oil, and natural gas. For each type of fossil fuel, there is a module in EPPA that takes into account the effect of fossil fuel depletion on its price.