Gaseous fuels - GRACE: Difference between revisions
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{{ModelDocumentationTemplate | GRACE simulates production and consumption of only one gaseous fuel, i.e., natural gas. The production of natural gas is modeled as a nested CES function of intermediate inputs and primary factors. It can be used by industries, electricity generation, and households.{{ModelDocumentationTemplate | ||
|IsDocumentationOf=GRACE | |IsDocumentationOf=GRACE | ||
|DocumentationCategory=Gaseous fuels | |DocumentationCategory=Gaseous fuels | ||
}} | }} |
Latest revision as of 05:29, 7 December 2020
GRACE simulates production and consumption of only one gaseous fuel, i.e., natural gas. The production of natural gas is modeled as a nested CES function of intermediate inputs and primary factors. It can be used by industries, electricity generation, and households.
Corresponding documentation | |
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Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en. |
Solution concept | General equilibrium (closed economy) |
Solution method | SimulationRecursive dynamic solution method |
Anticipation |