Our team is currently developing two new global general equilibrium energy-economic modeling tools: the China-in-Global Energy Model and the China Regional Energy Model. The goal of model development is to provide a strong foundation for future policy assessment that is developed collaboratively, represents the latest available data and insights from research in China, and provides a trusted platform for policy analysis in China and abroad. While both models are global, they focus on representing China with various levels and elements of detail. For example, the C-REM model separately represents 30 provinces within China (Tibet is not included due to lack of detail), while C-GEM represents China as a single region and includes more detail in the aggregation of other regions to include China’s major trading partners. The level of technology detail represented in this model will deepen as research progresses in the tracks described above. An important focus of model development will be on capturing specific features of China’s economy, such as managed electricity pricing and the evolution of demographic and consumption trends, using available empirical data.
- Technical Note: A dynamic global energy-economic model with China detail: China in Global Energy Model (C-GEM)
Sub-group members: Qi Tianyu, Zhang Da, Niven Winchester, Sebastian Rausch