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Response Measures Models - PRIMES
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PRIMES
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Name and contact of the organization
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ICCS, National Technical University of
Athens
National Technical University of Athens, 9 Iroon Polytechniou Street, Zografou Campus,
Athens, Greece
Tel: ++302 10 7723629
Email: Professor P. Capros, kapros@central.ntua.gr
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Description of model
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PRIMES is a simulation model of the energy markets in
the European Union. It simulates market equilibrium for energy supply and demand in the Member
States by finding the equilibrium prices for each energy source. The model has been used
for analysis of taxation policy and emissions trading, and also includes a detailed
representation of energy technologies.
The model is mainly used for: 1) analysis of standard energy policy issues: security of supply,
strategy, costs etc; 2) analysis of environmental issues; 3) looking at the impact
of technology standards, new technologies and renewable resources; 4) looking at energy
efficiency, alternative fuels, trade and EU energy provision; and 5) analysis of policy issues
regarding electricity generation, gas distribution and refineries.
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Particular relevance
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PRIMES is relevant in analysing the impacts of climate change mitigation policies including
taxation and emission trading. The detailed structure of the model also makes it suitable
for assessing methods of technology development and diffusion.
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Coverage
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Europe
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Model applications
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The economic effects of industry-Level emission trading to reduce greenhouse gasses-PRIMES
model V.2 - The purpose of the study is to provide analytical information for a variety of
alternative emission trading participation schemes, within the Member States and at the
Community level. The analysis was carried out with the use of the energy system model PRIMES
(
http://www.e3mlab.ntua.gr/reports/env3v2.pdf).
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Organization's main area of research
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Energy systems analysis and economics, macroeconomics and environmental economics.
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Other projects / reseach
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Publications (http://www.e3mlab.ntua.gr/ - go to
downloads section)
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