Energy Innovation, LLC

2020-10-02T14:05:25Z

Robbie Orvis:

{{Institution
|Full Name=Energy Innovation, LLC
|Abbreviation=EI
|Website=http://energyinnovation.org
|Email=policy@energyinnovation.org
}}
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Energy Policy Simulator

2020-10-02T14:04:47Z

Robbie Orvis: The Energy Policy Simulator is a forward simulating model with full coverage of the economy allowing users to test the impacts of climate and energy policies on energy use, emissions, and cash flows

{{Model
|Full_Model_Name=Energy Policy Simulator
|Acronym=EPS
|author_institution=Energy Innovation, LLC
|authors=Jeffrey Rissman, Robbie Orvis
|contact_persons=Jeffrey Rissman, Robbie Orvis
|contact_email=jeff@energyinnovation.org
|website=https://energypolicy.solutions
|source_download=https://github.com/Energy-Innovation/eps-us/archive/2.1.2.zip
|text_description=About the Energy Policy Simulator

The Energy Policy Simulator (EPS) is a computer model developed by Energy Innovation LLC as part of its Energy Policy Solutions project, an effort which aims to inform policymakers and regulators about which climate and energy policies will reduce greenhouse gas emissions most effectively and at the lowest cost.

The EPS allows the user to control dozens of different policies that affect energy use and emissions in various sectors of the economy (such as a carbon tax, fuel economy standards for vehicles, reducing methane leakage from industry, and accelerated R&D advancement of various technologies). The model includes every major sector of the economy: transportation, electricity supply, buildings, industry, agriculture, and land use. The model reports outputs at annual intervals and provides numerous outputs, including:

->Emissions of 12 different pollutants (CO2, nitrogen oxides (NOx), sulfur oxides (SOx), fine particulate matter (PM2.5), and eight others), as well as carbon dioxide equivalent (CO2e; a measure of the global warming potential of various pollutants).

->Direct cash flow (cost or savings) impacts on consumers, industry (as a whole), government, and several specific industries

->Human deaths avoided thanks to reduced particulate pollution
The composition and output of the electricity sector (e.g. capacity and generation from coal, natural gas, wind, solar, etc.)

->Vehicle technology market shares and fleet composition (electric vehicles, etc.)

->Energy use by fuel type from various energy-using technologies (specific types of vehicles, building components, etc.)

->Breakdowns of how each policy within a policy package contributes to total abatement and the cost-effectiveness of each policy (e.g. wedge diagrams and cost curves)

The EPS is a system dynamics computer model created in a commercial program called Vensim. Vensim is a tool produced by Ventana Systems for the creation and simulation of system dynamics models. The Energy Policy Simulator has been designed to be used with the free Vensim Model Reader. Directions on how to obtain Vensim Model Reader and the Energy Policy Simulator can be found on the Download and Installation Instructions page.

The model is distributed with a complete set of input data representing the United States, but it has a modular structure that allows it to be adapted to different countries and regions by swapping the input data. The EPS reads in all of its input data from external text files, which are generated by accompanying Excel files. All of these files are included in the model distribution.

Additional Information

The EPS is released under the GNU General Public License version 3 (GPLv3) or any later version and is free and open-source software. For more information, please see the Software License page.

The EPS has benefited from the work of many contributors and reviewers.
|Primary outputs=Energy use, emissions, costs
|Framework=System Dynamics
|User documentation=https://us.energypolicy.solutions/docs
|Code documentation=https://us.energypolicy.solutions/docs
|Number of developers=2
|open_source_licensed=Yes
|license=GNU General Public License version 3.0 (GPL-3.0)
|model_source_public=Yes
|Link to source=https://github.com/Energy-Innovation/eps-us/archive/2.1.2.zip
|data_availability=all
|open_future=No
|modelling_software=Vensim
|processing_software=Vensim
|GUI=Yes
|model_class=System Dynamics
|sectors=Electricity, buildings, transportation, industry, district heat, land, agriculture, hydrogen, etc...
|technologies=Renewables, Conventional Generation
|Demand sectors=Households, Industry, Transport, Commercial sector, Other
|Energy carrier (Gas)=Natural gas, Hydrogen
|Energy carrier (Liquid)=Diesel, Ethanol, Petrol
|Energy carriers (Solid)=Biomass, Coal, Lignite, Uranium
|Energy carriers (Renewable)=Geothermal heat, Hydro, Sun, Wind
|Transfer (Electricity)=Transmission
|Storage (Electricity)=Battery, PHS
|Storage (Gas)=No
|Storage (Heat)=No
|decisions=dispatch, investment
|georesolution=single region
|timeresolution=Year
|Observation period=More than one year
|math_modeltype=Simulation
|math_modeltype_shortdesc=Annual forward simulating model with some investment optimization and full accounting of policy interactions.
|deterministic=Monte carlo
|is_suited_for_many_scenarios=Yes
|number_of_variables=>1000
|montecarlo=Yes
|computation_time_minutes=0.05
|computation_time_hardware=Standard laptop
|computation_time_comments=Model run is completed in a few seconds for a single run
|Model input file format=No
|Model file format=No
|Model output file format=No
}}

wiki.openmod-initiative.org - User contributions [en]

Energy Innovation, LLC

Energy Policy Simulator