NEMS integrating module documentation report
The National Energy Modeling System (NEMS) is a computer-based, energy-economy modeling system of U.S. energy markets for the midterm period. NEMS projects the production, imports, conversion, consumption, and prices of energy, subject to a variety of assumptions. The assumptions encompass macroeconomic and financial factors, world energy markets, resource availability and costs, behavioral and technological choice criteria, technology characteristics, and demographics. NEMS produces a general equilibrium solution for energy supply and demand in the U.S. energy markets on an annual basis through 2015. Baseline forecasts from NEMS are published in the Annual Energy Outlook. Analyses are also prepared in response to requests by the U.S. Congress, the DOE Office of Policy, and others. NEMS was first used for forecasts presented in the Annual Energy Outlook 1994.
Year of publication: |
2009-11-12
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Subject: | energy planning and policy | mathematics, computers, information science, management, law, miscellaneous | ENERGY MODELS | ECONOMIC ANALYSIS | USA | MARKET | FORECASTING |
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