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We present a comparative analysis of macroeconomic impacts of the four openENTRANCE decarbonization scenarios until the year 2050 using the outcomes of two Computable General Equilibrium models.
Highlights from the case studies of openENTRANCE will be presented and discussions held with relevant stakeholders on each case study.
On 11 October, we held an online workshop presenting macroeconomic perspectives of a low-carbon energy system. The event was designed for policymakers and modellers who wish to know more about the economic implications of transitioning to a low-carbon energy system. Some of the topics touched were: Effects of the decarbonization policies on the development of the EU economy: what are the possible developments of key macroeconomic indicators such as GDP and economic output per sector? What will be the impact on the demand and prices of commodities under the four low-emission scenarios examined by openENTRANCE? Cross-model results comparison: Are the
openENTRANCE
open ENergy TRanstion ANalyses for a low-Carbon Economy
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 835896. The sole responsibility for the content of this website lies with the authors. It does not necessarily reflect the opinion of the European Union.
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