Perfect Foresight (Stochastic and myopic runs are also possible)
Partial equilibrium (price elastic demand)
University College London (UCL), UK, https://www.ucl.ac.uk.
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TIAM-UCL documentation consists of a referencecard and detailed model documentation
TIAM-UCL (TIMES Integrated Assessment Model) uses the TIMES modelling platform, which is a successor of the MARKAL platform. The markal/times modelling concept was originally intended to analyse energy systems at a regional or global level and has evolved to also describe greenhouse gas emissions. Scenario based simulations maximize the total discounted sum of consumer and supplier surplus over the model horizon, while taking into account the constraints (e.g. energy demand to be fulfilled, availability of energy resources etc).
Year divided to six time slices + an additional peaking constraint.
Base year:2005, time steps:5 years up to 2050 and 10 years beyond (changeable), horizon: 95 years (2005-2100)
UK split as separate region compared to the ETSAP-TIAM model
Autonomous energy efficiency improvements
TIAM-UCL#Autonomous energy efficiency improvements
Link with MACRO Stand-Alone (module which represents all other economic sectors) available to represent rest of the economy
Interest rates differentiated by country/region
Technology costs differentiated by country/region
Technological change differentiated by country/region
Behavioural change differentiated by country/region
Constraints on cross country financial transfers
TIAM-UCL#Institutional and political factors
TIAM-UCL#Energy conversion technologies TC
Elastic demand mode available (includes exogenous elasticity of each energy demand with respect to their own price) Technology and region specific hurdle rates.
TIAM-UCL#Energy technology substitutability
No explicit modelling of grids, only a transmission cost and division to centralised/decentralised electricity generation technologies
Washing is disaggregated in clothes and dishes.
TIAM-UCL#Agriculture and forestry demands
Some emissions are exogenous (eg: agriculture)
Climate damages available although not often modelled CO2 is from both energy and also land-use (and forestry) included in climate module. The non-CO2 forcing agents that are not explicitly tracked are represented in the climate module by an exogenously given additional forcing factor.
Energy security: Fossil fuel imports & exports (region)
Energy access: Household energy consumption
Air pollution & health: Source-based aerosol emissions
Air pollution & health: Health impacts of air Pollution
Model concept, solver and details - TIAM-UCL
Non-climate sustainability dimension - TIAM-UCL
Pollutants and non-GHG forcing agents - TIAM-UCL
Production system and representation of economic sectors - TIAM-UCL
Residential and commercial sectors - TIAM-UCL
Technological change in energy - TIAM-UCL