Modeling with Impact

Energy and Environmental CGE Modeling with GAMS

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Intensive course at the advanced level. The course will focus on modeling energy and greenhouse gas emissions. This course is only accessible to those who have some experience in general equilibrium modeling and to the alumni of the EcoMod School.

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Course objective: 

The course will introduce all the tools for constructing and implementing large-scale, dynamic, multisectoral general equilibrium models for energy and environmental policy analysis. By the end of the course the participants will have acquired detailed knowledge of and extensive hands-on experience in:

  • the structure of general equilibrium models for environmental policy analysis,
  • introducing dynamics,
  • modeling energy markets,
  • modeling complex nesting structures,
  • introducing greenhouse gases,
  • modeling tradable pollution permits,
  • modeling carbon taxes,
  • modeling technical change,
  • modeling backstop technologies,
  • implementing the model on the computer using the GAMS software,
  • formulating scenarios and running policy simulations,
  • reporting and interpreting the results.
Methodology: 

The course uses a practical  and very intensive approach to model building. The participants will actually build the model EcoMod step-by-step with guidance from the instructors: from small to large scale and from simple to complex structure. The participants will acquire extensive practical hands-on experience in building a complex, large-scale model. This will allow them to easily implement the first version of their own model using the GAMS codes of EcoMod.