Energy resource endowments - PROMETHEUS

In PROMETHEUS model, energy supply is linked to energy consumption via trade across the ten regions identified in the model:

• Oil: all oil producers export to single global market "pool", identifying one global market for crude oil
• Gas: trade and price dynamics are modelled focusing on core regional gas markets (e.g. Europe, the USA, Asia/Japan, LNG). The gas markets are modelled to capture rents and other mark-up costs to reflect different formulations of the gas market, ranging from long-term contracts (Japan), to gas-to-gas competiton (USA) and their combination (Europe). Import gas prices in each region depend on the evolution of international gas price and the cost of gas extraction and transport from the most important producing regions (mark-up cost).
• Coal: trade and price dynamics are modelled focusing on three core markets (e.g. Europe, China, Asia)
• Biofuels and biomass: regional-specific cost-supply curves
• Uranium: single global supply cost curve
• Renewable electricity (hydro, solar, wind): country-specific renewables potentials for power generation to cover domestic electricity demand

Note: The documentation of PROMETHEUS is 'under review' and is not yet 'published'!

Model Documentation - PROMETHEUS
Model scope and methods - PROMETHEUS Model concept, solver and details - PROMETHEUS Temporal dimension - PROMETHEUS Spatial dimension - PROMETHEUS Policy - PROMETHEUS Socio-economic drivers - PROMETHEUS Population - PROMETHEUS Economic activity - PROMETHEUS Energy - PROMETHEUS Energy resource endowments - PROMETHEUS Fossil energy resources - PROMETHEUS Uranium and other fissile resources - PROMETHEUS Bioenergy - PROMETHEUS Non-biomass renewables - PROMETHEUS Energy conversion - PROMETHEUS Electricity - PROMETHEUS Heat - PROMETHEUS Gaseous fuels - PROMETHEUS Liquid fuels - PROMETHEUS Solid fuels - PROMETHEUS Grid, pipelines and other infrastructure - PROMETHEUS Energy end-use - PROMETHEUS Transport - PROMETHEUS Residential and commercial sectors - PROMETHEUS Industrial sector - PROMETHEUS Other end-use - PROMETHEUS Energy demand - PROMETHEUS Technological change in energy - PROMETHEUS Land-use - PROMETHEUS Agriculture - PROMETHEUS Forestry - PROMETHEUS Land-use change - PROMETHEUS Bioenergy land-use - PROMETHEUS Other land-use - PROMETHEUS Agricultural demand - PROMETHEUS Technological change in land-use - PROMETHEUS Emissions - PROMETHEUS GHGs - PROMETHEUS Pollutants and non-GHG forcing agents - PROMETHEUS Carbon dioxide removal (CDR) options - PROMETHEUS Climate - PROMETHEUS Modelling of climate indicators - PROMETHEUS Climate damages, temperature changes - PROMETHEUS Non-climate sustainability dimension - PROMETHEUS Air pollution and health - PROMETHEUS Water - PROMETHEUS Other materials - PROMETHEUS Other sustainability dimensions - PROMETHEUS Appendices - PROMETHEUS Mathematical model description - PROMETHEUS Data - PROMETHEUS References - PROMETHEUS
Corresponding documentation
AIM-Hub BLUES C3IAM COFFEE-TEA DNE21+ GCAM GEM-E3 GRACE IFs IMACLIM IMAGE MESSAGE-GLOBIOM POLES PROMETHEUS REMIND-MAgPIE TIAM-UCL WITCH
Previous versions
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Model information
Model link	https://e3modelling.com/modelling-tools/prometheus/
Institution	E3Modelling (E3M), Greece, https://e3modelling.com/modelling-tools.
Solution concept	Partial equilibrium (price elastic demand)
Solution method	Simulation
Anticipation	Energy system simulation.Foresight is included only is some sub-modules (i.e. electricity generation)