Policy - POLES

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Model Documentation - POLES

Corresponding documentation
Previous versions
Model information
Model link
Institution JRC - Joint Research Centre - European Commission (EC-JRC), Belgium, http://ec.europa.eu/jrc/en/.
Solution concept Partial equilibrium (price elastic demand)
Solution method SimulationRecursive simulation
Anticipation Myopic

The POLES model is used to simulate:

  • GHG policies
    • Country/region objective: Implementation of carbon (or CO2eq) pricing (iterative calibration)
    • Cumulated GHG/CO2 buget: Regional differentiation of constraint and carbon pricing permitting to reduce emissions within budget (iterative calibration)
    • Carbon leakage (limited)
  • Energy taxation policies
    • GHG-related pricing policies (carbon pricing)
    • other environmental taxes (e.g. introduction of environmental damage tax on non-conventional fuels production)
    • fossil fuel subsidies (possibility to phase out)
    • introduction of renewable fuels subsidy
  • Support policies for specific technologies
    • Electricity generation feed-in tariffs
    • Low interest loans or subsidies to capital cost in purchase of energy consuming equipment
    • Acceleration of the penetration emerging vehicle technologies
    • Modal shifts in passenger transport
  • Efficiency standards
    • fuel efficiency standards in vehicles
    • penetration of low-energy consuming buildings
  • Openness to investment
    • Reactivity to prices on exploration and production in oil and gas producing regions
    • Discount rates in investment
    • National preference in the sourcing of fossil fuels or national resource management in domestic fossil fuels production