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Phoenix model
Impact/Purpose:
Analysis of energy-economy-climate related issues.
Description:
Phoenix (formerly referred to as the Second Generation Model or SGM) is a global general equilibrium model designed to analyze energy-economy-climate related questions and policy implications in the medium- to long-term. This model disaggregates the global economy into 26 industrial sectors and 24 geographic regions. It is a recursive dynamic model solved in 5-year time steps from 2005 to 2100. The core dataset is generated by the Global Trade and Analysis Project (GTAP). Currently, carbon dioxide is the only greenhouse gas represented in the model. The energy resources in Phoenix include fossil fuel resources (e.g., oil, coal and natural gas), renewables (solar, wind, hydro, biomass and geothermal), and nuclear. The electric and transportation sectors have explicit technological detail including 11 electricity generating technologies and conventional, electric, and biofuel vehicles.