Sammenkobling af makroøkonomiske og teknisk-økonomiske modeller for energisektoren. Hybris

Integration of bottom-up and top-down models for the energy system: A practical case for Denmark

Henrik Klinge Jacobsen, Poul Erik Morthorst, Lise Nielsen and Peter Stephensen

MPRA Paper from University Library of Munich, Germany

Abstract: The report is documenting the findings of a Danish research project with an objective of to integrate the Danish macroeconomic model ADAM with elements from the energy simulation model BRUS, developed at Risø. The project has been carried out by Risø National Laboratory with assistance from Ministry of Finance. A theoretical part focuses on the differences between top-down and bottom-up modeling of the energy-economy interaction. A combined hybrid model seems a relevant alternative to the two traditional approaches. The hybrid model developed is called Hybris and includes modules for: supply of electricity and heat, household demand for electricity, and household demand for heat. These three modules interact in a iterative procedure with the macroeconomic model ADAM through a number of links. A reference case as well as a number of scenarios illustrating the capabilities of the model has been set up. Hybris is a simulation model which is capable of analyzing combined CO2 reduction initiatives as regulation of the energy supply system and a CO2 tax in an integrated and consistent way.

Keywords: Integrated energy models; Denmark; energy demand (search for similar items in EconPapers)
JEL-codes: Q4 Q40 Q43 (search for similar items in EconPapers)
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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