MODEL
PROMETHEUS
- Time horizon:2000-2100
- Institution(s):E3Modelling (E3M), Greece
- Link to model wiki page:https://www.iamcdocumentation.eu/index.php/Reference_card_-_PROMETHEUS
- Link:https://e3modelling.com/modelling-tools/prometheus/
PROMETHEUS is a global energy system model covering in detail the complex interactions between energy demand, supply and energy prices at the regional and global level. Its main objectives are: 1) Assess climate change mitigation pathways and low-emission development strategies for the medium and long-term 2) Analyse the energy system, economic and emission implications of a wide spectrum of energy and climate policy measures, differentiated by region and sector) 3) Explore the economics of fossil fuel production and quantify the impacts of climate policies on the evolution of global energy prices
PROMETHEUS describes full energy and emissions balances for 10 geographical units, in particular for: China, India, North America (USA and Canada), OECD Pacific (Japan, S. Korea, Australia, New Zealand), EU-28, CIS (Russian Federation and other Commonwealth of Independent States), MENA (Middle East and North Africa), EMRG (Emerging economies) and RESTW (Rest of the world).
The model runs with a 1 year time step, usually from 2018 to 2050, the 2015-2018 period being almost entirely set by data and used for calibration. The model horizon will be expanded to 2100.
