Balancing Energy Efficiency and Fossil Fuel: The Role of Carbon Pricing

Abstract

International audienceEnergy efficiency is likely to remain a valuable support for meeting climate challenges because it involves using less primary energy to produce the same final service. We explore energy efficiency potential in relation to different fossil fuel extraction cost schemes crossed with a carbon pricing scenario built using various global carbon taxes. This sensitivity analysis relies on prospective studies conducted with the technical-and-economic, bottom-up optimization model TIAM-FR (TIMES Integrated Assessment Model), where energy efficiency is endogenized

Circular Economy for the Energy System as a Leverage for Low-Carbon Transition: Long-Term Analysis of the Case of the South-East Region of France

“…TIMES is not a model per se but rather a bottom-up model generator, i.e., a set of generic equations (described in the GAMS language) that define the relationships by which user-supplied data will be linked, creating a coherent mathematical model. Today, the TIMES generator is widely used in foresight studies at different spatial scales: global [42,43], regional [44], national [45][46][47], and sub-national [48,49]. TIMES models are being developed by over 150 research teams in 50 different countries.…”

Trade-off between CO2 utilization and CO2 transport and storage in the global energy transition

“…Its technology-rich representation enables to include more than 1000 processes including CCU and CCS technologies, which are described in the next section. TIAM-FR has been used to assess technology contribution to the decarbonization of the global energy system [2,25], policy assessments [26], and water management constraints [27].…”