Fossil energy resources - C3IAM: Difference between revisions
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Fossil energy resources are subject to depletion based on physical production of related fuel in the previous period. Because C<sup>3</sup>IAM solves on a five-year time-step we approximate depletion in intervening years by multiplying the production of each fuel resource by a factor of five. As follows: | Fossil energy resources are subject to depletion based on physical production of related fuel in the previous period. Because C<sup>3</sup>IAM solves on a five-year time-step we approximate depletion in intervening years by multiplying the production of each fuel resource by a factor of five. As follows: | ||
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<math>R_{fossil,r,t}=R_{fossil,r,t-1}-5X_{fossil,r,t-1}</math> | <math>R_{fossil,r,t}=R_{fossil,r,t-1}-5X_{fossil,r,t-1}</math> | ||
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Where ''R'' represents fossil energy resource (including coal, oil, and gas) in region r, X represents the production of fossil energy in the previous period. | Where ''R'' represents fossil energy resource (including coal, oil, and gas) in region r, X represents the production of fossil energy in the previous period. | ||
Latest revision as of 13:59, 5 August 2021
| Corresponding documentation | |
|---|---|
| Previous versions | |
| Model information | |
| Model link | |
| 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) |
| Solution method | Optimization |
| Anticipation | |
Fossil energy resources are subject to depletion based on physical production of related fuel in the previous period. Because C3IAM solves on a five-year time-step we approximate depletion in intervening years by multiplying the production of each fuel resource by a factor of five. As follows:
Where R represents fossil energy resource (including coal, oil, and gas) in region r, X represents the production of fossil energy in the previous period.
