SWD/2020/346 final/2
This webpage provides a comprehensive overview of model use for the "SWD/2020/346 final/2" impact assessment. It aims to provide understanding of who ran the models, model ownership and the role models played in the impact assessment.
Who Ran the Models
1 model was run by the EC
- METIS
2 models were run by external institutions
- EEMM: REKK
- EGMM: REKK
Model Use Summary
EEMM - European Electricity Market Model
Role: baseline and assessment of policy options
Run by: REKK
Ownership: Third-party ownership (commercial companies, Member States, other organisations, …)
Contribution Details: EEMM was used to assess the following policy impacts as defined in the Better Regulation Toolbox: Cost/availability of essential inputs (raw materials, machinery, labour, energy, ..), Investment cycle, Equal treatment of products and businesses, Investment flows & trade in services, Cost of doing business, Market share & advantages in international context, Free movement of goods, services, capital and workers, Competition, Promotion of academic or industrial research, Budgetary consequences for public authorities, Consumer's ability to benefit from the internal market or to access goods and services from outside the EU, Prices, quality, availability or choice of consumer goods and services, Safety or sustainability of consumer goods and services, Impact on vulnerable consumers, Investments and functioning of markets, Emission of greenhouse gases, Economic incentives set up by market based mechanisms, Ability to adapt to climate change, Use of renewable resources, Use of non-renewable resources, Environment in third countries, Fuel mix used in energy production.
EGMM - European Gas Market Model
Role: baseline and assessment of policy options
Run by: REKK
Ownership: Third-party ownership (commercial companies, Member States, other organisations, …)
Contribution Details: EGMM was used to assess the following policy impacts as defined in the Better Regulation Toolbox: Cost/availability of essential inputs (raw materials, machinery, labour, energy, ..), Equal treatment of products and businesses, EU Exports & imports, Investment flows & trade in services, Cost of doing business, Market share & advantages in international context, Free movement of goods, services, capital and workers, Competition, Promotion of academic or industrial research, Budgetary consequences for public authorities, Consumer's ability to benefit from the internal market or to access goods and services from outside the EU, Prices, quality, availability or choice of consumer goods and services, Safety or sustainability of consumer goods and services, Impact on vulnerable consumers, Investments and functioning of markets, Emission of greenhouse gases, Ability to adapt to climate change, Use of non-renewable resources, Environment in third countries, Fuel mix used in energy production.
METIS - Markets and Energy Technologies Integrated Software
The key outcomes of the REKK model were cross-checked with the internal METIS model run by JRC.
Role: baseline and assessment of policy options
Run by: European Commission
Ownership: Co-ownership (EU & third parties)