Promoting Renewable Energy in Europe: A Hybrid Computable General Equilibrium Approach

B-Tier
Journal: The Energy Journal
Year: 2006
Volume: 27
Issue: 2_suppl
Pages: 135-150

Authors (2)

Christoph Böhringer (not in RePEc) Andreas Löschel (Ruhr-Universität Bochum)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We illustrate the use of a large-scale computable general equilibrium model to investigate the economic and environmental effects of renewable energy promotion within the European Union. Our hybrid model incorporates the technological explicitness of bottom-up energy system models for the electricity sector while production possibilities in other sectors are described at an aggregate level through top-down constant-elasticities-of-substitution (transformation) functions. The discrete activity analysis of technology options within conventional top-down computable general equilibrium models is possible when adopting the so-called mixed complementarity problem approach - a flexible mathematical representation of market equilibrium conditions which accommodates weak inequalities and complementary slackness.

Technical Details

RePEc Handle
repec:sae:enejou:v:27:y:2006:i:2_suppl:p:135-150
Journal Field
Energy
Author Count
2
Added to Database
2026-01-25