TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Worrell, Ernst
A1  - Ramesohl, Stephan
A1  - Boyd, Gale
T1  - Advances in energy forecasting models based on engineering economics
N2  - New energy efficiency policies have been introduced around the world. Historically, most energy models were reasonably equipped to assess the impact of classical policies, such as a subsidy or change in taxation. However, these tools are often insufficient to assess the impact of alternative policy instruments. We evaluate the so-called engineering economic models used to assess future industrial energy use. Engineering economic models include the level of detail commonly needed to model the new types of policies considered. We explore approaches to improve the realism and policy relevance of engineering economic modeling frameworks. We also explore solutions to strengthen the policy usefulness of engineering economic analysis that can be built from a framework of multidisciplinary cooperation. The review discusses the main modeling approaches currently used and evaluates the weaknesses in current models. We focus on the needs to further improve the models. We identify research priorities for the modeling framework, technology representation in models, policy evaluation, and modeling of decision-making behavior.
T2  - Annual review of environment and resources
VL  - 29
Y1  - 2004
U6  - https://dx.doi.org/10.1146/annurev.energy.29.062403.102042
DO  - https://dx.doi.org/10.1146/annurev.energy.29.062403.102042
SP  - 345
EP  - 381
ER  -