Economic modelling

We have created economic models for energy and transport which help industry and governments plan for our future energy needs. Our models create and assess scenarios highlighting impacts on society, the environment and the economy.

The Challenge

No single solution will solve the global energy puzzle

Issues like changing demand, greenhouse gas abatement policy, resource price uncertainty, emerging technologies and social acceptability create a complex strategic arena with multiple drivers. Consequently, delivering energy solutions for a sustainable future is a huge challenge.

Our Response

Creating economic models

We have created world leading economic models specific to the Australian energy and transport sector to assist industry and governments gain a clearer picture of what it needs to do to address the energy and transport challenges of the nation.

Our Energy Sector Model (ESM) integrates the electricity generation sector with the transport sector in a single modelling package that can be used to explore major technological and market changes in the way Australia produces and uses energy.

We also have developed the Global and Local Learning Model (GALLM) for electricity generation and transport to provide information on the future cost and uptake of alternative electricity generation and transport technologies globally and locally to 2050.

Most emerging technologies are developed and sold on global markets yet are subject to variable local application costs. As the name suggests, GALLM takes into account both global and local technological change (referred to as learning).

The capital costs projections from GALLM are fed directly into the ESM to determine projections of Australia’s future energy mix . Together, these powerful modelling tools are creating future scenarios focusing on electricity generation and transport to highlight how energy decisions may impact our society, the environment and the economy.

Case studies

  • How will Australian consumers respond to cost-reflective tariffs?

    Using psychology and behavioural economics, we're researching consumers' likely response to more dynamic types of electricity pricing.

  • eFuture energy modelling

    Our eFuture modelling tool allows you to explore hypothetical electricity options for Australia, balancing technology costs, electricity demand and fuel prices.

  • Energy Use Data Model

    Our Energy Use Data Model (EUDM) will unlock the mysteries of our energy behaviour and help to deliver the most efficient energy future for Australia.

  • Future Grid Forum

    An overview of the Future Grid Forum, its findings and future scenarios.

  • Electricity Network Transformation Roadmap

    A partnership to understand and map the way we use, produce and value electricity and energy services.

  • Net Zero Energy HVAC Roadmap

    With building heating, ventilation and air-conditioning (HVAC) responsible for around 20% of electricity use, we are working with industry to help transition to a net zero energy building HVAC future.


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