Rebuilding the Coal Model in the Energy Information Administration's National Energy Modeling System

Melinda Hobbs, Michael Mellish, Frederic H. Murphy, Richard Newcombe, Reginald Sanders and Peter Whitman
Additional contact information
Melinda Hobbs: Energy Information Administration, 1000 Independence Avenue, SW, Washington, DC 20585
Michael Mellish: Energy Information Administration
Frederic H. Murphy: School of Business and Management, Temple University, Philadelphia, Pennsylvania 19122
Richard Newcombe: Energy Information Administration
Reginald Sanders: OnLocation, 8100 Oak Street, Suite 300, Arlington, Virginia 22027
Peter Whitman: Pace Global Energy Services, 4401 Fair Lakes Court, Suite 400, Fairfax, Virginia 22033

Interfaces, 2001, vol. 31, issue 5, 24-42

Abstract: The Energy Information Administration uses the National Energy Modeling System (NEMS) to forecast prices and quantities in energy markets. The coal model that the Energy Information Administration first used in NEMS contributed to convergence problems in NEMS because of its design. Furthermore, because the coal model could not be modified efficiently to incorporate the new sulfur dioxide market created by the Clean Air Act Amendments of 1990, we had to build a new model. Building the new model also allowed us to incorporate improved knowledge about coal resources and other aspects of coal markets, further improving the quality of the forecasts.

Keywords: GOVERNMENT-ENERGY POLICIES; NATURAL RESOURCES-ENERGY; PROGRAMMING—LINEAR (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://dx.doi.org/10.1287/inte.31.5.24.9651 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:31:y:2001:i:5:p:24-42

Access Statistics for this article

More articles in Interfaces from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().