The purpose of this paper is to analyze: (a) the role and the nature of price-induced switching behavior between fossil fuels (i.e., coal, oil, and natural gas) in the western European power sector; as well as (b) the fuel choice impacts of a number of public policies implemented in this sector...

In energy system models endogenous technological change can be introduced by implementing so-called technology learning rates specifying the quantitative relationship between the cumulative experience of a technology and its cost. The objectives of this paper are to: (a) provide a conceptual...