public:i-700-abms-08-1:evolved_model
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| public:i-700-abms-08-1:evolved_model [2008/03/11 17:25] – created marco | public:i-700-abms-08-1:evolved_model [2024/04/29 13:33] (current) – external edit 127.0.0.1 | ||
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| ====Model==== | ====Model==== | ||
| The model should include the following modules: | The model should include the following modules: | ||
| - | * **Domestic | + | * **Domestic |
| - | * **Domestic government**: | + | * **Foreign |
| - | * **Domestic sectors**: Each sector | + | |
| - | * **Foreign | + | |
| * **Double auction market** for carbon quotas: Intermediate for trading carbon quotas. | * **Double auction market** for carbon quotas: Intermediate for trading carbon quotas. | ||
| + | * **NOTE**: for the new model we only have a generic type of industries. They have a " | ||
| ====Description of modules==== | ====Description of modules==== | ||
| - | ===Governments=== | ||
| - | Government allocates free quotas for each sector. Government change rules along two dimensions: | ||
| - | * Trade between sectors: Not allowed, allowed to buy, allowed to sell or allowed to both buy and sell. | ||
| - | * Trade between countries: Not allowed, allowed to buy, allowed to sell, or allowed to both buy and sell. | ||
| - | ===Sectors=== | + | ===Industry=== |
| - | Each sector | + | Each industry |
| - | Profit = (Revenues pr. unit – Cost pr. unit ) * Number of units sold – Fixed costs. | + | Profit = (Revenues pr. unit – Cost pr. unit ) * Number of units sold – Fixed costs. |
| - | Fixed costs and revenues pr. unit are fixed but depend on sector. Production capacity is fixed during the simulation. Demand is set for the whole simulation (e.g. kept constant). | + | Fixed costs and revenues pr. unit are fixed but depend on industry. Production capacity is fixed during the simulation. Demand is set for the whole simulation (e.g. kept constant). |
| Cost pr. unit is calculated in the following way: | Cost pr. unit is calculated in the following way: | ||
| Line 24: | Line 19: | ||
| Cost pr. unit = Cost of inputs + Carbon release pr. unit * Cost of Carbon | Cost pr. unit = Cost of inputs + Carbon release pr. unit * Cost of Carbon | ||
| - | Cost of inputs and carbon release pr. unit is specific for the sector, | + | Cost of inputs and carbon release pr. unit is specific for the industry |
| - | Sector | + | Industry |
| * Demand for quota during what is left of allocation period is more than quota owned. | * Demand for quota during what is left of allocation period is more than quota owned. | ||
| * Demand is extrapolated from number of units sold in the previous period (constant till the end of allocation period). | * Demand is extrapolated from number of units sold in the previous period (constant till the end of allocation period). | ||
| Line 32: | Line 27: | ||
| Max bid price is set to the cost of carbon which gives zero profit based on number of units and revenues from the previous period. Actual bid price is adjusted to the market, i.e. transaction price in the last period and sucess in buying. Quantity is set equal to shortage. | Max bid price is set to the cost of carbon which gives zero profit based on number of units and revenues from the previous period. Actual bid price is adjusted to the market, i.e. transaction price in the last period and sucess in buying. Quantity is set equal to shortage. | ||
| - | Sector | + | Industry |
| * Demand for quota during what is left of allocation period is more than quota owned. | * Demand for quota during what is left of allocation period is more than quota owned. | ||
| Line 40: | Line 35: | ||
| Average price of carbon owned takes into account both buying and selling of quotas. | Average price of carbon owned takes into account both buying and selling of quotas. | ||
| - | The following should be monitored for each sector | + | The following should be monitored for each industry |
| * Profits in each period. | * Profits in each period. | ||
| * Carbon used. | * Carbon used. | ||
| Line 67: | Line 62: | ||
| ===Starting conditions=== | ===Starting conditions=== | ||
| - | Starting conditions should be set to approximate real life conditions. Carbon release pr unit should be used to adjust scales across different | + | Starting conditions should be set to approximate real life conditions. Carbon release pr unit should be used to adjust scales across different |
| - | * Domistic: Heavy industry, road transport, air transport, agriculture, | + | * Domestic: Heavy industry, road transport, air transport, agriculture, |
| * Foreign: Power generation, road transport, air transport, agriculture, | * Foreign: Power generation, road transport, air transport, agriculture, | ||
| ===Evaluation of simulation=== | ===Evaluation of simulation=== | ||
| Following variables should be used to evaluate and compare different simulation. | Following variables should be used to evaluate and compare different simulation. | ||
| - | * Accumualted profits of domestic | + | * Accumualted profits of domestic |
| - | * Accumulated profits of foreign | + | * Accumulated profits of foreign |
| - | * Accumulated use of carbon in domestic | + | * Accumulated use of carbon in domestic |
| - | * Accumulated use of carbon in foreign | + | * Accumulated use of carbon in foreign |
| - | * Accumulated buying and buying of quotas in domestic | + | * Accumulated buying and buying of quotas in domestic |
| - | * Accumulated selling and buying of quotas in foreign | + | * Accumulated selling and buying of quotas in foreign |
| Different simulations should be performed for all combination of government rules for trade for different quantities of freely allocated quotas. | Different simulations should be performed for all combination of government rules for trade for different quantities of freely allocated quotas. | ||
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