Difference between revisions of "Model Documentation - TIAM-UCL"

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TIAM-UCL is a global energy systems model that is usually run along with a climate module (MAGICC) and economic module (Macro Stand-Alone) in order to assess long-term energy decarbonisation scenarios
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TIAM-UCL is a global energy systems model that is usually run along with a climate module (calibrated to MAGICC) and an aggregated economic module (Macro Stand-Alone) in order to assess long-term energy decarbonisation scenarios and pathways. The framework is that of a long-term social planner with perfect foresight who acheives exogenous energy demands at lowest cost given detailed energy technology assumptions and specified constraints

Revision as of 16:25, 12 December 2016

Model Documentation - TIAM-UCL

Corresponding documentation
Previous versions
Model information
Model link
Institution University College London (UCL), UK, https://www.ucl.ac.uk.
Solution concept Partial equilibrium (price elastic demand)
Solution method Linear optimisation
Anticipation Perfect Foresight

(Stochastic and myopic runs are also possible)

TIAM-UCL is a global energy systems model that is usually run along with a climate module (calibrated to MAGICC) and an aggregated economic module (Macro Stand-Alone) in order to assess long-term energy decarbonisation scenarios and pathways. The framework is that of a long-term social planner with perfect foresight who acheives exogenous energy demands at lowest cost given detailed energy technology assumptions and specified constraints