General Energy Modelling An Integrated Energy Modeling

General Energy Modelling Energy system analysis has a wide scope and is well-suited as a component of an integrated energy modelling approach. It is interdisciplinary, with its main contributions coming from economics and engineering. Insights from other social sciences (e.g. political science, sociology and policy analysis) and natural sciences (e.g. atmospheric chemistry and environmental studies) are incorporated when and where is needed. The model can be focused on energy system as a whole (economy-wide), on specific elements of the energy chain (e.g. upstream), or on key sectors like residential. (UKERC, 2011). We should note that energy modelling plays a central role in policy making, due to the fact of the gravity of energy projections in decision-making policy and the political importance of modelling results in debates about policy (UKERC, 2011). Types of Energy Modelling In modelling, a major distinction is usually drawn between two types of models: top-down and bottom-up models: Top-down models -including both macro-econometric and computable general equilibrium [CGE] models - with the use of historically derived economic indices of prices and elasticities, analyse the aggregate behaviour of the system. Their main use is for researching economy-wide responses to energy policies and other factors, and can generate insights into income, GDP, and competitiveness impacts. Technological detail and real-world constraints on investment and use are aggregated andShow MoreRelatedEbsilon Professional2295 Words   |  10 Pagescases and changes in environmental conditions. Simulate the operation of newly developed components in a cycle. 2 Precise planning is the basis for a successful implementation of the project, both in the construction and in the modification of energy and power plant systems. 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