TY - JOUR
T1 - Simulating climate and energy policy with agent-based modelling
T2 - The Energy Modelling Laboratory (EMLab)
AU - Chappin, Emile J.L.
AU - de Vries, Laurens J.
AU - Richstein, Joern C.
AU - Bhagwat, Pradyumna
AU - Iychettira, Kaveri
AU - Khan, Salman
PY - 2017
Y1 - 2017
N2 - We present an approach to simulate climate and energy policy for the EU, using a flexible and modular agent-based modelling approach and a toolbox, called the Energy Modelling Laboratory (EMLab). The paper shortly reviews core challenges and approaches for modelling climate and energy policy in light of the energy transition. Afterwards, we present an agent-based model of investment in power generation that has addressed a variety of European energy policy questions. We describe the development of a flexible model core as well as modules on carbon and renewables policies, capacity mechanisms, investment behaviour and representation of intermittent renewables. We present an overview of modelling results, ongoing projects, a case study on current reforms of the EU ETS, and we show their relevance in the EU context.
AB - We present an approach to simulate climate and energy policy for the EU, using a flexible and modular agent-based modelling approach and a toolbox, called the Energy Modelling Laboratory (EMLab). The paper shortly reviews core challenges and approaches for modelling climate and energy policy in light of the energy transition. Afterwards, we present an agent-based model of investment in power generation that has addressed a variety of European energy policy questions. We describe the development of a flexible model core as well as modules on carbon and renewables policies, capacity mechanisms, investment behaviour and representation of intermittent renewables. We present an overview of modelling results, ongoing projects, a case study on current reforms of the EU ETS, and we show their relevance in the EU context.
KW - Agent-based modelling
KW - Energy and climate policy
KW - Energy modelling laboratory
KW - Energy transition
KW - Investment
UR - http://resolver.tudelft.nl/uuid:63cab4ee-1630-42df-900b-6ed07b9d7b4c
UR - http://www.scopus.com/inward/record.url?scp=85027562617&partnerID=8YFLogxK
U2 - 10.1016/j.envsoft.2017.07.009
DO - 10.1016/j.envsoft.2017.07.009
M3 - Article
AN - SCOPUS:85027562617
SN - 1364-8152
VL - 96
SP - 421
EP - 431
JO - Environmental Modelling & Software
JF - Environmental Modelling & Software
ER -
