Energy conversion - GRACE
Revision as of 06:02, 7 December 2020 by Taoyuan Wei (talk | contribs)
In GRACE, crude oil is used to produce refined oil products and electricity is generated from coal, gas, oil, nuclear, hydro and renewables. For more details, see the section of Production system and representation of economic sectors.
Corresponding documentation | |
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Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en. |
Solution concept | General equilibrium (closed economy) |
Solution method | SimulationRecursive dynamic solution method |
Anticipation |