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New Model Offers Transparency in Energy Modeling

Energy policy is driven by computer-generated models that provide policymakers and industry with information about energy costs and other factors that could be used to form corporation or governmental energy policies. This information, traditionally generated by an energy economy optimization model, is used to analyze energy costs and production and how they change over time. However, existing models are closed “black box” models and thus others can’t see how they arrived at their findings or to replicate the results of their model in order to verify or criticize the findings. North Carolina State University researchers have developed a new open-source energy model, called Temoa, and are sharing the data used in their energy economy optimization modeling. Temoa could be used by corporations, government officials or others to see how energy costs and production are likely to change over time within small and large areas, even worldwide. They could use the model to identify, for example, strategies for reducing both energy costs and greenhouse gases. Additional information, including the source code and data, are available at www.temoaproject.org. The researchers published their findings in Energy Economics. (EurekAlert)(North Carolina State University)(Temoa Project)(Energy Economics) 

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