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Review of Energy-Economy-Environment Models

  • Tejal Kanitkar
Chapter
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Part of the SpringerBriefs in Environmental Science book series (BRIEFSENVIRONMENTAL)

Abstract

Evaluating the complex demands on the energy system is the task of energy and economic models built to evaluate the linkages between key economic parameters and energy use. In the current context of climate change mitigation these models have been used to provide long-range forecasts of energy requirements and the consequent emissions in the future. Some of the aspects that these models try to address are (i) estimating energy consumption, considered a major area of concern; (ii) forecasting resource potential and reserves, mainly for oil and gas availability; (iii) the study of energy substitutions; and (iv) forecasting economic growth, income, and energy use and supply linkages for the future. Models that address these issues highlighted above range from simple bottom-up exercises undertaken to evaluate the economic viability of a certain fuel source to complex integrated energy planning models using multi-objective programming techniques linked with some forms of input-output and general equilibrium models. This chapter provides a review of the main trends and methodologies used in these models to analyze the issues outlined above. Some models constructed for the Indian energy and economic system are discussed in more detail. A section on the advantages as well as disadvantages of these models and their applicability to addressing the situation especially in developing economies such as India, as well as a brief introduction to the proposed integrated modeling framework, is also included in this chapter.

Keywords

Energy forecasts Input-output models Computable general equilibrium models Decomposition analysis 

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Copyright information

© The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Tejal Kanitkar
    • 1
  1. 1.School of Natural Sciences and EngineeringNational Institute of Advanced StudiesBengaluruIndia

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