Uncertainties in the European Energy Market: Modelling Approaches and policy issues
Number | 3148 |
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Project manager | Rolf Golombek |
Client | Norges Forskningsråd |
Client project no. | 228810 |
Participants | Kjell Arne Brekke Simen Gaure Rolf Golombek Sverre A. C. Kittelsen Hilde Hallre Le Tissier Eric Nævdal |
Period | 2013 - 2016 (ended) |
Project description
Policy should take account of factors like economic performance, energy security and emission of harmful materials, as well as uncertainty, in a systematic, coherent way when deciding which policy to implement in order to reach a specified target. This requires development of a framework that assesses different concerns when energy decisions are taken under uncertainty. The aim of this project is to develop a detailed stochastic, numerical model of the energy industry that covers all countries in Europe that can be used for policy analyses when agents make decisions under uncertainty. Both domestic policies, for example, initiatives to spur Norwegian production of clean energy, as well as EU policies, for example, the triple 20 percent targets and the road to a low carbon European society, can be examined with our model.Publications
Scientific Journal
Author(s): | Title: | Year: | Reference: | Link: |
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Brekke, K.A., R. Golombek, M. Kaut, S.A.C. Kittelsen, S.W. Wallace | Stochastic energy market equilibrium modeling with multiple agents | 2017 | Energy Vol 134, 984-990 | [PDF] [DOI] |
Aune, Finn Roar, Rolf Golombek, Arild Moe, Knut Einar Rosendahl and Hilde Hallre Le Tissier | Liberalizing Russian Gas Markets - An Economic Analysis | 2015 | Energy Journal Vol 36 - Adelman Sepcial Issue, 63-97 | [PDF] [DOI] |
Other publications
Author(s): | Title: | Year: | Reference: | Link: |
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Golombek, Rolf, Finn Roar Aune, Hilde Hallre Le Tissier | Phasing Out Nuclear Power in Europe | 2016 | [PDF] |