Energy Model
- Portrays production of six energy types: oil, gas, coal, nuclear, hydroelectric, and other renewable energy forms
- Represents consumption and trade of energy in the aggregate
- Represents known reserves and ultimate resources of the fossil fuels
- Portrays changing capital costs of each energy type with technological change as well as with draw-downs of resources
- Is a partial equilibrium model in which energy stocks buffer imbalances between production and consumption and determine price changes
- Overrides the energy sector in the economic module unless the user chooses otherwise