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Dresden 2003 – scientific programme

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AKSOE: Physik sozio-ökonomischer Systeme

AKSOE 3: Postersitzung

AKSOE 3.6: Poster

Monday, March 24, 2003, 15:45–17:15, P1

Simple multi-actor model of the energy economy — •Markus Biberacher1, Thomas Hamacher1, and Andreas Pyka21Max-Planck-Institut für Plasmaphysik, Boltzmannstrasse 2, D-85748 Garching — 2Lehrstuhl für Volkswirtschaftslehre V der Universität Augsburg, Augsburg

Final aim of the presented project is the development of a model to describe technological change within the energy economy. The model has two different levels: a technological level describing in detail energy flows and conversion processes and an economic decision model of the major actors involved. The technology and physics modelling of the energy system is based on a simulation model highly resolved in space and time. On the economic level major actors: companies, utilities, industrial and private consumers, regulators and so on are identified and characterised by a certain set of strategies.

Presented are two first simple applications. In the first example an oil market with final consumers and oil traders will be modelled. The oil price for the traders follows the exogenous world market price. Both traders and final consumers have a certain oil storage capacity, the strategies of the different traders differentiate now between different ways to utilise the stores. In a second example the model is used to find a decision to construct a new power plant. Here two different market situations are assumed: one in which a ’perfect’ market with ’unlimited’ access to the electricity network is assumed and a second market in which the access to the electricity network is dominated by only a few actors.

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