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