Energy conversion - AIM-Hub
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Corresponding documentation | |
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Previous versions | |
Model information | |
Model link | |
Institution | National Institute for Environmental Studies (NIES), Japan, https://www.nies.go.jp/index-e.html., Kyoto-University (Kyoto-University), Japan, https://www.kyoto-u.ac.jp/en. |
Solution concept | General equilibrium (closed economy) |
Solution method | Simulation |
Anticipation |
AIM/CGE includes petroleum refinery, coal transformation, biomass transformation, town gas, and power generation sectors. Energy conversion occurs in production sectors. The share of energy consumed by a particular source of power generation is determined by a logit function. Biomass transformation is also included in ?biofuels.? Almost all sectors can install carbon capture and storage (CCS) as one of their CO2 emission-reduction measures, with the exception of town gas.
The input of all energy conversion sectors is formulated as a Leontief-type production function to deal appropriately with the energy balance condition or energy conversion factor.