Integrating the bottom-up and top-down approach to energy economy modelling. The case of Denmark

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    Abstract

    This paper presents results from an integration project covering Danish models based on bottom-up and top-down approaches to energy]economy modelling. The purpose of the project was to identify theoretical and methodological problems for integrating existing models for Denmark and to implement an integration of the models. The integration was established through a number of links between energy bottom-up modules and a macroeconomic model. In this integrated model it is possible to analyse both top-down instruments, such as taxes along with bottom-up instruments, such as regulation of technology
    choices for power plants and energy standards for householdelectric appliances. It is shown that combining the two kinds of initiatives reduces the emission-reducing effect of each of the instruments remarkably.
    Original languageEnglish
    JournalEnergy Economics
    Volume20
    Issue number4
    Pages (from-to)443-461
    ISSN0140-9883
    Publication statusPublished - 1998

    Keywords

    • Energy]economy modelling
    • Integration
    • Bottom-up
    • Top-down
    • Denmark
    • Emission- reducing effect

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