Electricity - EPPA

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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

Electricity in EPPA comes from: 1) coal; 2) gas; 3) oil; 4) nuclear; 5) hydro; 6) wind; 7) solar; and 8) biomass. The energy conversion process of each type of generation is represented by a production technology that transforms the corresponding energy input along with other primary or intermediate inputs into the electricity output. Some low-carbon or negative emissions generation options (e.g., gas with CCS, biomass with CCS. etc.) are not economically feasible without serious policy interventions, and therefore they are calibrated by using the engineering data (e.g., EIA (20xx)) as they have not been commercially operated currently and are not observed in the base year input-output data.