Abstract:
Decision makers need sector-specific, policy-focused, dynamic economic models with rich representations of technological progress. These allow them to understand how the energy transition is likely to unfold with different policies and what its impacts might be. A new generation of models is emerging to meet these demands, but more action is needed.
Citation:
Barbrook-Johnson, P., Mercure, J-F., Sharpe, S., Peñasco, C., Hepburn, C., Anadon, L.D., Farmer, J.D. & Lenton, T.M. (2024). 'Economic modelling fit for the demands of energy decision makers'. Nature Energy (2024).