GTAP Resources: Resource Display
| GTAP Resource #7461 |
|---|
|
"Modelling investment for the energy transition" by Weitzel, Matthias and Rafael Garaffa Abstract The energy transition to decarbonize the economy will require mobilizing additional investment for a capital intensive low carbon energy structure. This is most obvious in the power sector with renewable energy being more capital intensive than fossil generation technologies. The electrification of other sectors (e.g. buildings or, transport) further increases the demand for electricity, requiring additional investments. Standard CGE models may not capture these dynamics and this paper argues that this can be improved by e.g. the coupling with energy models. Moreover, the additional investments also constitute a demand for sectors producing capital goods. We show the relevance of accounting for which sectors deliver capital goods for other sector’s investment needs, as opposed to modelling a generic capital good. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
- Climate change policy - Other data bases and data issues - Advances in quantitative methods - Global |
| Attachments |
|---|
|
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  Paper (750.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
| Comments (0 posted) |
|---|
|
You must log in before entering comments.
No comments have been posted. |
Last Modified: 9/15/2023 2:05:45 PM
