Structuring energy supply and demand networks in a general equilibrium model to simulate global warming control strategies

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Global warming control strategies which mandate stringent caps on emissions of greenhouse forcing gases can substantially alter a country's demand, production, and imports of energy products. Although there is a large degree of uncertainty when attempting to estimate the potential impact of these strategies, insights into the problem can be acquired through computer model simulations. This paper presents one method of structuring a general equilibrium model, the ENergy and Power Evaluation Program/Global Climate Change (ENPEP/GCC), to simulate changes in a country's energy supply and demand balance in response to global warming control strategies. The equilibrium model presented in this study ... continued below

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Pages: (13 p)

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Hamilton, S.; Veselka, T.D. & Cirillo, R.R. January 1, 1991.

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Global warming control strategies which mandate stringent caps on emissions of greenhouse forcing gases can substantially alter a country's demand, production, and imports of energy products. Although there is a large degree of uncertainty when attempting to estimate the potential impact of these strategies, insights into the problem can be acquired through computer model simulations. This paper presents one method of structuring a general equilibrium model, the ENergy and Power Evaluation Program/Global Climate Change (ENPEP/GCC), to simulate changes in a country's energy supply and demand balance in response to global warming control strategies. The equilibrium model presented in this study is based on the principle of decomposition, whereby a large complex problem is divided into a number of smaller submodules. Submodules simulate energy activities and conversion processes such as electricity production. These submodules are linked together to form an energy supply and demand network. Linkages identify energy and fuel flows among various activities. Since global warming control strategies can have wide reaching effects, a complex network was constructed. The network represents all energy production, conversion, transportation, distribution, and utilization activities. The structure of the network depicts interdependencies within and across economic sectors and was constructed such that energy prices and demand responses can be simulated. Global warming control alternatives represented in the network include: (1) conservation measures through increased efficiency; and (2) substitution of fuels that have high greenhouse gas emission rates with fuels that have lower emission rates. 6 refs., 4 figs., 4 tabs.

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Pages: (13 p)

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OSTI; NTIS; INIS; GPO Dep.

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  • 13. annual North American conference of the International Association for Energy Economics, Chicago, IL (United States), 18-20 Nov 1991

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  • Other: DE92001918
  • Report No.: ANL/CP-74210
  • Report No.: CONF-911184--1
  • Grant Number: W-31109-ENG-38
  • Office of Scientific & Technical Information Report Number: 5103568
  • Archival Resource Key: ark:/67531/metadc1052492

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  • January 1, 1991

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  • Jan. 22, 2018, 7:23 a.m.

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  • Jan. 30, 2018, 1:05 p.m.

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Hamilton, S.; Veselka, T.D. & Cirillo, R.R. Structuring energy supply and demand networks in a general equilibrium model to simulate global warming control strategies, article, January 1, 1991; Illinois. (digital.library.unt.edu/ark:/67531/metadc1052492/: accessed December 12, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.