Fortes, P, Pereira R, Pereira A, Seixas J.
2014.
Integrated technological-economic modeling platform for energy and climate policy analysis. Energy. 73:716–730.: Elsevier Ltd
AbstractCGE (computable general equilibrium) and bottom-up models each have unique strengths and weakness in evaluating energy and climate policies. This paper describes the development of an integrated technological, economic modeling platform (HYBTEP), built through the soft-link between the bottom-up TIMES (The Integrated MARKAL-EFOM system) and the CGE GEM-E3 models. HYBTEP combines cost minimizing energy technology choices with macroeconomic responses, which is essential for energy-climate policy assessment. HYBTEP advances on other hybrid tools by assuming 'full-form' models, integrating detailed and extensive technology data with disaggregated economic structure, and 'full-link', i.e., covering all economic sectors. Using Portugal as a case study, we examine three scenarios: (i) the current energy-climate policy, (ii) a CO2 tax, and (iii) renewable energy subsidy, with the objective of assessing the advantages of HYBTEP vis-à-vis bottom-up approach. Results show that the economic framework in HYBTEP partially offsets the increase or decrease in energy costs from the policy scenarios, while TIMES is very sensitive to energy services-price elasticities, setting a wide range of results. HYBTEP allows the computation of the economic impacts of policies in a technological detailed environment. The hybrid platform increases transparency of policy analysis by making explicit the mechanisms through which energy demand evolves, resulting in high confidence for decision-making. © 2014 Elsevier Ltd.
Fortes, P, Proença S, Simoes SG, Seixas J.
2017.
Can green power lead to green growth? A study for Portugal 15th IAEE European Conference "Heading towards sustainable energy systems: Evolution or Revolution?". , Vienna, Austria. 3-6 September, https://www.aaee.at/iaee2017/: Hofburg Congress Center
Fortes, P, Seixas J, Dias L, Gouveia JP.
2012.
Low Carbon Roadmap for Portugal: Technology Analysis, 9-12 September. 2th IAEE European Conference, Energy challenge and environmental sustainability. , Venice, Italy: International Association of Energy Economics