1981 annual report to Congress
Long-Term Energy Analysis Program's (LEAP) modeling framework is used to develop long-term energy supply, conversion, and demand projectins. For the period 2000 to 2020 in 5-year intervals. The methodology utilizes a dynamic, partial equilibrium representation of the multitime period supply/demand situation. The LEAP model operates through the market or through decentralized decisionmaking so that the optimizing behavior can occur within each activity. The LEAP model does not immediately switch between alternatives based on small changes in price. The relative price advantage only determines an ultimate market share. then a lagged adjustment based on a distribution of perceived prices smooths the swithing behavior. The structure of LEAP can be displayed in a network format to describe the flow of energy among sectors from source to destination. Each of nine sectors represents a major area of energy activity. Activities represent a technology, supply source, or end-use process in the energy system that is described by mathematical relations that use quantity and price information to connect the activity to the rest of the energy system. The mathematical relations are expressed in the form of process models that describe supply, demand, conversion, allocation, and transportation activities in the network.
- Research Organization:
- Department of Energy, Washington, DC (USA). Energy Information Administration
- OSTI ID:
- 6468360
- Report Number(s):
- DOE/EIA-0173(81)-Vol.3-Suppl.3; ON: DE83006465
- Resource Relation:
- Other Information: Microfiche only, copy does not permit paper copy reproduction
- Country of Publication:
- United States
- Language:
- English
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