Incorporating different endogenous learning formulations in MERGE

Author: Bahn Olivier   Kypreos Socrates  

Publisher: Inderscience Publishers

ISSN: 0954-7118

Source: International Journal of Global Energy Issues, Vol.19, Iss.4, 2003-07, pp. : 333-358

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Abstract

This paper presents the implementation of endogenous technological change, following either a one-factor or a two-factor learning curve, in the MERGE model. We have indeed developed a new version of this model, called MERGE-ETL, to analyse the dynamics of endogenous technological learning (ETL) in the energy system. This paper describes first the basic formulation of MERGE-ETL, then the solving techniques used for this model, and presents finally some numerical results in the context of policies designed to mitigate a global climate change.