Role of end-use technologies in long-term GHG reduction scenarios developed with the BET model
In this study, we develop a new integrated assessment model called the BET model (Basic Energy systems, Economy, Environment, and End-use Technology Model). It is a multi-regional, global model based on Ramsey’s optimal growth theory and includes not only traditional end-use technologies but also advanced end-use technologies such as heat-pump water heaters and electric vehicles. Using the BET model, we conduct simulations and obtain the following results. (1) Advanced end-use technologies have an important role in containing carbon prices as well as GDP losses when GHG (greenhouse gas) constraints are stringent. (2) Electrification based on energy services progresses rapidly in scenarios with stringent GHG constraints. This is because electricity can be supplied by various methods of non-fossil power generation, and advanced end-use technologies can drastically improve energy-to-service efficiencies. The BET’s results indicate the importance of analyses that systematically combine environmental constraints, end-use technologies, supply energy technologies, and economic development. Copyright Springer Science+Business Media Dordrecht 2014
Volume (Year): 123 (2014)
Issue (Month): 3 (April)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/journal/10584|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "WITCH. A World Induced Technical Change Hybrid Model," Working Papers 2006_46, Department of Economics, University of Venice "Ca' Foscari".
- Criqui, Patrick & Mima, Silvana & Viguier, Laurent, 1999. "Marginal abatement costs of CO2 emission reductions, geographical flexibility and concrete ceilings: an assessment using the POLES model," Energy Policy, Elsevier, vol. 27(10), pages 585-601, October.
- John P. Weyant, Francisco C. de la Chesnaye, and Geoff J. Blanford, 2006. "Overview of EMF-21: Multigas Mitigation and Climate Policy," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 1-32.
- Page Kyle, Leon Clarke, Steven J. Smith, Son Kim, Mayda Nathan, and Marshall Wise, 2011. "The Value of Advanced End-Use Energy Technologies in Meeting U.S. Climate Policy Goals," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
- Richard Loulou & Maryse Labriet, 2008. "ETSAP-TIAM: the TIMES integrated assessment model Part I: Model structure," Computational Management Science, Springer, vol. 5(1), pages 7-40, February.
- Sugiyama, Masahiro, 2012. "Climate change mitigation and electrification," Energy Policy, Elsevier, vol. 44(C), pages 464-468.
- Richard Loulou, 2008. "ETSAP-TIAM: the TIMES integrated assessment model. part II: mathematical formulation," Computational Management Science, Springer, vol. 5(1), pages 41-66, February.
- Alan Manne & Richard Richels, 1992. "Buying Greenhouse Insurance: The Economic Costs of CO2 Emission Limits," MIT Press Books, The MIT Press, edition 1, volume 1, number 026213280x, July.
- Richels, Richard G. & Blanford, Geoffrey J., 2008. "The value of technological advance in decarbonizing the U.S. economy," Energy Economics, Elsevier, vol. 30(6), pages 2930-2946, November.
- Messner, Sabine & Schrattenholzer, Leo, 2000. "MESSAGE–MACRO: linking an energy supply model with a macroeconomic module and solving it iteratively," Energy, Elsevier, vol. 25(3), pages 267-282.
- Kainuma, Mikiko & Matsuoka, Yuzuru & Morita, Tsuneyuki, 2000. "The AIM/end-use model and its application to forecast Japanese carbon dioxide emissions," European Journal of Operational Research, Elsevier, vol. 122(2), pages 416-425, April.
When requesting a correction, please mention this item's handle: RePEc:spr:climat:v:123:y:2014:i:3:p:583-596. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.