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For specific sectors, FTT is used to estimate investor decision making regarding technology choices. +
E3ME-FTT documentation consists of a referencecard and [[Model Documentation - E3ME-FTT|detailed model documentation]] +
Global System Institute, University of Exeter (UNEXE), United Kingdom, https://www.exeter.ac.uk/gsi/., School of Environment, Earth and Ecosystems Sciences, The Open University (OU), United Kingdom, http://www.open.ac.uk/science/environment-earth-ecosystems/., Cambridge Econometrics (CE), United Kingdom, https://www.camecon.com/. +
https://www.e3me.com/wp-content/uploads/2019/09/E3ME-Technical-Manual-v6.1-onlineSML.pdf +
E3ME-FTT-GENIE 6.2 +
E3ME is a macro-econometric model designed to assess global policy challenges. It is widely used for policy assessment, forecasting and research purposes. +
submitted +
Number of regions:61 +
Base year:2010, time steps:yearly, horizon: 2100 +
The ENV-Linkages model is a recursive dynamic neo-classical general equilibrium model, meaning that decision-makers do not know the future when making a decision today. After it solves each period, the model then uses the resulting state of the world, including the consequences of decisions made in that period - such as resource depletion, capital stock retirements and installations, and changes to the landscape - and then moves to the next time step and performs the same exercise. +
Energy demands (projected by using elasticities of demands to GDP), for all kind of fuels demands, is controlled by calibration of the Autonomous Energy Efficiency Improvements (AEEIs) in energy use, by sector and type of fuel.
Value-added is shown as being composed of a labour input, along with a composite capital-energy bundle. The energy bundle is of particular interest for analysis of climate change issues. Energy is a composite of fossil fuels and electricity. In turn, fossil fuel is a composite of coal and a bundle of the “other fossil fuels”. At the lowest nest, the composite “other fossil fuels” commodity consists of crude oil, refined oil products and natural gas. The value of the substitution elasticities are based on existing literature and calibrated to imply a higher degree of substitution among the other fuels than with electricity and coal. According to the vintage-structure of technologies, the fuel mix in energy production is more flexible when associated with new capital. For old capital vintage production technology the substitution possibilities between fuels are very limited. +
ENV-Linkages documentation consists of a referencecard and [[Model Documentation - ENV-Linkages|detailed model documentation]] +
Organisation for Economic Co-operation and Development (OECD), France, https://www.oecd.org/. +
https://www.oecd.org/env/indicators-modelling-outlooks/flyer%20ENV-Linkages%20model%20-%20version%2025%20Sept%202013.pdf +
ENV-Linkages 4 +
The modelling work based on ENV-Linkages aims to assist governments in identifying least-cost policies or policy mixes on a range of environmental issues, including mitigation of climate change, phasing out fossil fuel subsidies and other green growth policies, such as environmental tax reform, policies to promote the transition to a circular economy, including linking to material and resources. +
in preparation +
Number of regions:26 +
Base year:2014, time steps:Annual, horizon: 2050 or 2060 +
ENVISAGE documentation is limited and consists of a reference card +