Tools for Assessment

MIDAS

Short Description

MIDAS is a large-scale energy system planning and forecasting model. It performs dynamic simulation of the energy system, which is represented by combining engineering process analysis and econometric formulations. The model is used for scenario analysis and forecasting. Each national application of MIDAS is a simultaneous system of more than 2500 equations solved dynamically over a period of 20 - 25 years. The MIDAS model building project was funded by the Joule Programme of DG XII and by DG XVII, of the European Commission. MIDAS covers the whole energy system and ensures, on an annual basis, the consistent and simultaneous projection of energy demand, energy supply, energy pricing and costing, so that the system is in both quantity and price-dependent balance. The model output is a time-series of detailed EUROSTAT energy balance sheets, lists of costs and prices by sector and fuel, and a set of capacity expansion plans including emission data. The MIDAS data base uses the following sources: EUROSTAT detailed energy balances (SIRENE), OECD/IEA energy prices and taxes, EFOM model database, UNIPEDE/Eurelectric data, BP database, MURE, FRET and DERE databases of DG XII, KRONOS (macroeconomic indicators) and several national sources for mining, refining, power generation, coal statistics, natural gas, crude-oil production and transmission.

Bibliography

Alternative Electricity Supply Scenarios 2020, NTUA Report to EC DG-XVII, 1993.
Alternative energy scenarios for the European Community, NTUA Report to EC DG-XVII, 1991-1992.
A View to the Future, Special Issue of the Annual Energy Review, European commission, Directorate General for Energy, September 1992.
Capros, P., Carbon-tax and its impacts on CO2 Emissions, paper presented at a meeting Organised by the Commission of the European Community, DG-XII, 26 April, 1990.
Capros, P., CO2 Emission Reduction: Quantitative Analysis for Four European Countries, Proceedings of the International Conference of the Applied Econometrics Association on
International Energy Market Modelling, Montpellier, France, October 24 and 25, 1991.
Capros, P., Effectiveness of energy pricing in promoting energy saving and substitution, Lecture and Working Paper, STOA, European Parliament, February 1993.
Capros, P., Modelling Economy-Environment Interactions, Proceedings of the International Conference of the Applied Econometrics Association on Econometrics of the Environment, Geneva, Switzerland, January 8-10, 1992.
Capros, P., The Energy Model MIDAS, Proceedings of the International Conference of the Applied Econometrics Association on International Energy Market Modelling, Montpellier, France, October 24 and 25, 1991.
Capros, P., The MIDAS Energy Model, article in a forthcoming book, edited by J. Percebois, John Wiley and Sons, 1993.
Capros, P., The MIDAS Energy Model and the MIDAS-HERMES Linked System, presented at a Workshop on Economic/Energy/Environmental Modelling for Climate Policy Analysis, organised by the MIT and the University of Tokyo, Washington DC, October 22-23, 1990.
Capros, P. and G. Atsabes, "User's Manual of SOLVER/NTUA", National Technical University of Athens, 1992.
Capros, P. et al., A Large-Scale Linked System of Models for Energy and the Macroeconomy in Europe, Proceedings of the 10th International Conference of the International Association for Energy Economics, 'Energy and Economic Growth Revisited' Luxembourg, July 4-7, 1988.
Capros, P. et al., Effects of Energy Tax Harmonization in the Framework of the Single Market, Proceedings of the International Conference of the Applied Econometrics Association on International Energy Market Modelling, Montpellier, France, October 24 and 25, 1991.
Capros, P. et al., Energy Policy Extensions of KLE-based Macroeconomic Models, Journal of Policy Modelling, Vol. 11, No 4, Winter 1989.
Capros, P. et al., Short and Medium Term Modelling and Problems of Models Linkage, The International Energy Journal, Pergamon Press, Vol. 15, No. 3/4, pp. 301324, 1990.
Capros, P. et P. Karadeloglou, Energy Policies in a Macroeconomic Model: An Analysis of Energy Taxes when Oil Prices Decline, T. Sterner (ed.) , International Energy Modelling: Theory and Practice, Chapman and Hall, London 1991.
Capros, P., P. Karadeloglou, G. Mentzas and P. Valette, A New Modelling Framework for Energy-Economy Analysis in Europe, The Energy Journal, Vol. 10, No 4, October, 1989.
Capros, P. and L. Mantzos, New Developments for the MIDAS medium term energy modelling project of the EEC: The energy supply model and the supply demand pricing linkage, presented at the 12th Triennial Conference on Operations Research IFORS' 90, Athens, 25- 29 June, 1990.
Capros, P. and L. Mantzos, The MIDAS Energy Model: new developments and use in policy analysis, forthcoming in Operations Research, 1993.
Capros, P. and L. Mantzos, User's Manual of MIDAS Version 3.0, National Technical University of Athens, 1992.
CO2 Reduction Analysis (Crash Programme) for Europe, NTUA Reports to EC DG-XII, 1990-1992.
Development of the HERMES-MIDAS linkage, NTUA Report to EC DG-XII, 1990-1991.
Development of the MIDAS model for Belgium, Holland, Greece, NTUA Report to EC DG-XII, 1991.
Development of the MIDAS model for France, Germany, UK and Italy, NTUA Report to EC DG-XII, 1989-1990.
Development of the MIDAS model for Ireland, Spain, Portugal and Denmark, NTUA Report to EC DG-XVII, 1992.
Linking HERMES with MIDAS-Demand for France, UK and Greece, NTUA Report to EC DG-XII, 1988.
Macroeconomic implications of CO2 Reduction Analysis for Europe, NTUA Report to EC DG-XII, 1992.

Tools for Assessment

MIDAS

Contents:

Short Description

Bibliography