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Economic modelling fit for the demands of energy decision makers

Author

Listed:
  • Pete Barbrook-Johnson

    (University of Oxford)

  • Jean-François Mercure

    (World Bank
    University of Exeter)

  • Simon Sharpe

    (Climate Champions Team
    World Resources Institute)

  • Cristina Peñasco

    (University of Cambridge
    Banque de France)

  • Cameron Hepburn

    (University of Oxford)

  • Laura Diaz Anadon

    (University of Cambridge)

  • J. Doyne Farmer

    (University of Oxford)

  • Timothy M. Lenton

    (University of Exeter)

Abstract

Decision makers need sector-specific, policy-focused, dynamic economic models with rich representations of technological progress. These allow them to understand how the energy transition is likely to unfold with different policies and what its impacts might be. A new generation of models is emerging to meet these demands, but more action is needed.

Suggested Citation

  • Pete Barbrook-Johnson & Jean-François Mercure & Simon Sharpe & Cristina Peñasco & Cameron Hepburn & Laura Diaz Anadon & J. Doyne Farmer & Timothy M. Lenton, 2024. "Economic modelling fit for the demands of energy decision makers," Nature Energy, Nature, vol. 9(3), pages 229-231, March.
    • Handle: RePEc:nat:natene:v:9:y:2024:i:3:d:10.1038_s41560-024-01452-7
    DOI: 10.1038/s41560-024-01452-7
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