Policy - TIAM-UCL

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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)

A variety of energy and climate policies can be implemented, depending on the approach, usually by creating specific scenario files to incorporate the policy elements.

A number of general or specific policy choices can be modelled including:

  • Emissions taxes,
  • permit trading,
  • specific technology subsidies
  • Technology and/or resource constraints
  • Technology and/or resource targets