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Energy system and resource market model "MultiMod"
by DIW Berlin, NTNU Trondheim
Authors:
Daniel Huppmann, Ruud Egging
Contact:
Daniel Huppmann
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The energy system and resource market model "MultiMod" is a large-scale representation of the global supply and demand of fossil fuels and renewable energy sources. It captures endogenous substitution between fuels, infrastructure constraints and investment (e.g., pipeline capacity, power generation technologies), as well as market power by producers of fossil fuels in a unified framework.
MultiMod is a dynamic Generalized Nash Equilibrium (GNE) model derived from individual players' profit maximisation problems. The model is formulated and solved as a Mixed Complementarity Problem (MCP).
Based on GAMS. Using MS Access, MS Excel for data processing.
Website / Documentation
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 Not Open Source
Not directly downloadable
Some input data shipped
 Planned to open up further in the future
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| Model Scope |
Model type and solution approach |
| Model class
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Equilibrium model
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| Sectors
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Oil, Gas, Coal, Electricity, Renewables, Industry, Transport, Residential/Commercial
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| Technologies
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Renewables, Conventional Generation
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| Decisions
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dispatch, investment
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| Regions
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Global
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| Geographic Resolution
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Europe by region, North America by country, rest of world by region
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| Time resolution
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Multi year
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| Network coverage
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transmission, net transfer capacities
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| Model type
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Other
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Generalized Nash Equilibrium (GNE) model formulated as a Mixed Complementarity Model (MCP)
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| Variables
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150000
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| Computation time
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600 minutes
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| Objective
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| Uncertainty modeling
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Not covered (yet)
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| Suited for many scenarios / monte-carlo
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No
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References
Scientific references
Daniel Huppmann & Ruud Egging (2014). Market power, fuel substitution and infrastructure - A large-scale equilibrium model of global energy markets. Energy, 75, 483–500.
https://dx.doi.org/10.1016/j.energy.2014.08.004
Reports produced using the model
Currently used within EMF 31 (emf.stanford.edu)
Example research questions
Scenarios regarding North American shale gas development, Russian supply disruption to Europe, evaluation of renewable support measures (feed-in tariffs vs. emission quota)
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