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Mitigation Strategies and Costs of Climate Protection: The effects of ETC in the hybrid Model MIND AgEcon
Edenhofer, Ottmar; Lessmann, Kai; Bauer, Nico.
MIND is a hybrid model incorporating several energy related sectors in an endogenous growth model of the world economy. This model structure allows a better understanding of the linkages between the energy sectors and the macro-economic environment. We perform a sensitivity analysis and parameter studies to improve the understanding of the economic mechanisms underlying opportunity costs and the optimal mix of mitigation options. Parameters representing technological change that permeates the entire economy have a strong impact on both the opportunity costs of climate protection and on the optimal mitigation strategies, e.g. parameters in the macro-economic environment and in the extraction sector. Sector-specific energy technology parameters change the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/12025
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REMIND-D: A Hybrid Energy-Economy Model of Germany AgEcon
Schmid, Eva; Knopf, Brigitte; Bauer, Nico.
This paper presents a detailed documentation of the hybrid energy-economy model REMIND-D. REMIND-D is a Ramsey-type growth model for Germany that integrates a detailed bottom-up energy system module, coupled by a hard link. The model provides a quantitative framework for analyzing long-term domestic CO2 emission reduction scenarios. Due to its hybrid nature, REMIND-D facilitates an integrated analysis of the interplay between technological mitigation options in the different sectors of the energy system as well as overall macroeconomic dynamics. REMIND-D is an intertemporal optimization model, featuring optimal annual mitigation effort and technology deployment as a model output. In order to provide transparency on model assumptions, this paper gives an...
Tipo: Working Paper Palavras-chave: Hybrid Model; Germany; Energy System; Domestic Mitigation; Resource /Energy Economics and Policy; O41; O52; Q43.
Ano: 2012 URL: http://purl.umn.edu/121911
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