Energy - EPPA: Difference between revisions

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While GTAP database has included energy use data (in physical units) from IEA (Narayanan et al., 2012),<ref>Narayanan, G., Badri, T. W. Hertel and T. L. Walmsley, 2012: GTAP 8 Data Base Documentation – Chapter 1: Introduction. Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, March (https://www.gtap.agecon.purdue.edu/resources/download/5673.pdf)</ref> we incorporate IEA’s recent updates by recalibrating the historical energy use in the model based on the World Energy Outlook (IEA, 2012a).<ref>International Energy Agency (IEA), 2012a: World Energy Outlook. International Energy Agency, Paris, France (https://www.iea.org/topics/world-energy-outlook).</ref>
In standard EPPA, it considers various types of primary energy, including 1) coal, 2) crude oil, 3) gas, 4) nuclear, 5) hydro, 6) wind, 7) solar, and 8) bio-energy. Per the crude oil, it is further converted into the refined oil, which is then consumed by intermediate and final use. On the other hand, the bio-energy considered in EPPA includes the first-generation biofuels, which are made from different types of food crops, and the second-generation cellulosic biofuels derived from non-food crops and waste biomass (EPA, 2022)<ref>EPA (2022). Economics of Biofuels. The US Environmental Protection Agency. https://www.epa.gov/environmental-economics/economics-biofuels#:~:text=First%20generation%20biofuels%20are%20made,ethanol%2C%20butanol%2C%20and%20propanol. (Accessed on August 8, 2022) </ref>.
 
 
and second-generation biofuels.
 
Depending on the research need, there are different versions of the model that were developed to offer more options of energy sources (e.g., hydrogen), or higher resolution on energy types (e.g., separating crude oil into conventional crude and tar sand, and disaggregating refined oil into gasoline and diesel). More details about the energy reserves and flows will be provided later.

Revision as of 16:00, 8 August 2022

Alert-warning.png Note: The documentation of EPPA is 'in preparation' and is not yet 'published'!

Model Documentation - EPPA

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/.
Solution concept General equilibrium (closed economy)
Solution method Optimization
Anticipation

In standard EPPA, it considers various types of primary energy, including 1) coal, 2) crude oil, 3) gas, 4) nuclear, 5) hydro, 6) wind, 7) solar, and 8) bio-energy. Per the crude oil, it is further converted into the refined oil, which is then consumed by intermediate and final use. On the other hand, the bio-energy considered in EPPA includes the first-generation biofuels, which are made from different types of food crops, and the second-generation cellulosic biofuels derived from non-food crops and waste biomass (EPA, 2022)[1].


and second-generation biofuels.

Depending on the research need, there are different versions of the model that were developed to offer more options of energy sources (e.g., hydrogen), or higher resolution on energy types (e.g., separating crude oil into conventional crude and tar sand, and disaggregating refined oil into gasoline and diesel). More details about the energy reserves and flows will be provided later.

  1. EPA (2022). Economics of Biofuels. The US Environmental Protection Agency. https://www.epa.gov/environmental-economics/economics-biofuels#:~:text=First%20generation%20biofuels%20are%20made,ethanol%2C%20butanol%2C%20and%20propanol. (Accessed on August 8, 2022)