Residential and commercial sectors - WITCH

Jump to: navigation, search
Model Documentation - WITCH
Corresponding documentation
Model information
Institution Fondazione Eni Enrico Mattei (FEEM), Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC)
Concept Hybrid: Economic optimal growth model, including a bottom-up energy sector and a simple climate model, embedded in a `game theory` framework.
Solution method Regional growth models solved by non-linear optimization and game theoretic setup solved by tatonnement algorithm (cooperative solution: Negishi welfare aggregation, non-cooperative solution: Nash equilibrium)
Anticipation Perfect foresight

The residential and commercial sector is not detailed in WITCH. It is part of the Non-electric sector