Technological change in energy - C3IAM
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| 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 | |
In C3IAM, technological change in energy is reflected by energy consumption per unit of output decreases externally over time (the so-called autonomous energy efficiency improvement index, AEEI), which has an energy use efficiency improvement over time.
Technological change in electricity sector also has been specified with two advanced generation technologies: natural gas combined cycle technology with carbon capture and sequestration (NGCC-CCS) and integrated coal gasification technology with carbon capture and sequestration (IGCC-CCS). If these technologies are economically competitive with existing technologies, they will endogenously enter.