Modelling the Energy Transition
Modelling the Energy Transition – MET program is a research program aimed at studying the energy transition in dynamic settings and under uncertainty by developing economic models with both a micro and macro approach. Within the programme, different types of models are studied, with the aim of exploring how different methodological approaches can have different impacts and solutions while studying environmental and energy economics.
The activities of the MET programme concern two specific area:
- ABM – Agent Based Model and
- EEUMs – Environment, Energy, Uncertainty Models.
ABM – Agent Based Model for Energy Transition
The activities in this area aim to develop Agent Based Models on multiple sectors, with a special focus on energy sectors and their environmental impacts. Using Agent Based Models allows to grasp the heterogeneity of the economic agents at sectoral level, with the goal of providing new perspectives and insights to the economic research. The program intends to consolidate the development of the MATRIX (Multi-Agent model for Transition Risks) model by including a specific module for climate change, mitigation policies and environmental awareness of households and consumers (demand-side approach). The agents’ heterogeneity of the AB Model represents the building block of the economic processes’ dynamics and makes it possible to study at best the endogenous shocks of such processes.
EEUMs – Environment, Energy, Uncertainty Models
The activities in this area aim to deepen the issue of uncertainty within the framework of environmental and energy economics, with a focus on renewable resources, the use of new technologies and the role of information for the decarbonization process. To this end, models based on the representative agent, strategic models and macroeconomic models will be used for an analysis of the dynamics of the traditional and renewable energy markets. The analysis is also focused on the study of systemic and idiosyncratic shocks at economic and environmental level and on the role of information in energy market phenomena.
Projects
01.06.2021 / 31.05.2024
Research Project | Ongoing Project
NEXUS Nature Ecosystem Society Solution: Fair and Sustainable Resource Allocation Demonstrator of the Multiple WEFE Nexus Economic, Social and Environmental Benefits for Mediterranean Regions- NEXUSNESS
01.02.2021 / 31.12.2023
Research Project | Ongoing Project
Agent-Based models – ABM
01.02.2021 / 31.12.2023
Research Project | Ongoing Project
Energy Environment and Uncertainty Models – EEUMs
Publications
1.
Journal Articles | 02.01.2023
Enter the MATRIX model: a Multi-Agent model for Transition Risks with application to energy shocks
Emanuele Ciola (Fondazione Eni Enrico Mattei and Università degli Studi di Brescia); Enrico Maria Turco (Fondazione Eni Enrico Mattei and Università Cattolica del Sacro Cuore); Andrea Gurgone (Fondazione Eni Enrico Mattei and Università Cattolica del Sacro Cuore); Davide Bazzana (Fondazione Eni Enrico Mattei and Università degli Studi di Brescia); Sergio Vergalli (Fondazione Eni Enrico Mattei and Università degli Studi di Brescia); Francesco Menoncin (Fondazione Eni Enrico Mattei and Università degli Studi di Brescia)
2.
Working Paper | 02.12.2022
Renewable energy communities, digitalization and information
Dirk Bergemann (Department of Economics, Yale University and Fondazione Eni Enrico Mattei); Marina Bertolini (Department of Economics and Management, Levi Cases Centre and CRIEP, University of Padova); Marta Castellini (Fondazione Eni Enrico Mattei and Department of Civil, Environmental and Architectural Engineering, DICEA, University of Padova); Michele Moretto (Department of Economics and Management, Levi Cases Centre and CRIEP University of Padova); Sergio Vergalli (Fondazione Eni Enrico Mattei and Department of Economics and Management, University of Brescia)
3.
Working Paper | 28.11.2022
A review of macroeconomic models for the WEFE nexus assessment
Chiara Castelli (Fondazione Eni Enrico Mattei and Wiener Institut fur Internationale Wirtschaftsvergleiche); Marta Castellini (Fondazione Eni Enrico Mattei and Department of Civil, Environmental and Architectural Engineering, University of Padua); Emanuele Ciola (Fondazione Eni Enrico Mattei and Department of Economics and Management, University of Brescia); Camilla Gusperti (Fondazione Eni Enrico Mattei); Ilenia Gaia Romani (Fondazione Eni Enrico Mattei and Department of Economics and Management, University of Brescia); Sergio Vergalli (Fondazione Eni Enrico Mattei and Department of Economics and Management, University of Brescia)
Events
30.11.2022 / 30.11.2022
Seminars / Webinars | Past Event
Clima, caso e statistica
22.11.2022 / 22.11.2022
CONFERENCES | Past Event
IAERE10 Tour | Round table: Peace, resources and the environment
21.07.2022 / 21.07.2022
CONFERENCES | Past Event
Round Table | Free Thoughts on the Future