Policy - POLES
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Corresponding documentation | |
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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