Integrated methodology for assessing energy-economy interactions
Conference
·
OSTI ID:6073959
Brookhaven National Lab. (BNL) has collaborated in development of an integrated technological and econometric representation of the nation's energy and economic systems. Among the applications of this integrated methodology are the assessment of energy-economy interactions, benefit/cost analyses of alternative energy policies, and multi-objective supply and demand studies relating to energy R and D and technology change. The integrated analytical system is comprised of three component models. The economic growth model included in this framework is the Dale W. Jorgenson Associates (DJA) Long-term Interindustry Transactions Model (LITM). The LITM model provides a flexible, interindustry representation of sectoral production and final demand, and captures the combined influences of productivity, investment, and labor supply on the long-term expansion of US productive capacity. The second component of this model system is a detailed technological model of energy supply, conversion, and end-use demand. The Time-stepped Energy System Optimization Model (TESOM) developed by BNL represents the full feasible range of energy resource and technology substitutions for the US energy system. The final component of this model framework is the input-output model developed jointly by BNL and the Univ. of Illinois. This detailed input-output model of the structure of the US economy maps the outputs of the conventional energy-supply and -conversion sectors into non-substitutable energy-service demands for each interindustry sector and final demand. The BNL/DJA combined model system provides a comprehensive long-run representation of US energy consumption and energy-economy interactions.
- Research Organization:
- Brookhaven National Lab., Upton, NY (USA); Jorgenson (Dale W.) Associates, Cambridge, MA (USA)
- DOE Contract Number:
- EY-76-C-04-0789
- OSTI ID:
- 6073959
- Report Number(s):
- BNL-26452; CONF-791007-2
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290100* -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
BNL
CORRELATIONS
COST BENEFIT ANALYSIS
ECONOMETRICS
ECONOMICS
ECONOMY
ENERGY CONSUMPTION
ENERGY MODELS
ENERGY POLICY
ENERGY SOURCES
ENERGY SUPPLIES
GOVERNMENT POLICIES
NATIONAL ORGANIZATIONS
NORTH AMERICA
SIMULATION
US AEC
US DOE
US ERDA
US ORGANIZATIONS
USA
290100* -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
BNL
CORRELATIONS
COST BENEFIT ANALYSIS
ECONOMETRICS
ECONOMICS
ECONOMY
ENERGY CONSUMPTION
ENERGY MODELS
ENERGY POLICY
ENERGY SOURCES
ENERGY SUPPLIES
GOVERNMENT POLICIES
NATIONAL ORGANIZATIONS
NORTH AMERICA
SIMULATION
US AEC
US DOE
US ERDA
US ORGANIZATIONS
USA