Price-Induced Market Equilibrium System
Quality & Transparency
Quality
Model uncertainties
Models are by definition affected by uncertainties (in input data, input parameters, scenario definitions, etc.). Have the model uncertainties been quantified? Are uncertainties accounted for in your simulations?
- response
- yes
- details
- Uncertainties on assumptions can be addressed by producing variants with the model.
- url
Sensitivity analysis
Sensitivity analysis helps identifying the uncertain inputs mostly responsible for the uncertainty in the model responses. Has the model undergone sensitivity analysis?
- response
- yes
- details
- Sensitivity analysis can be produced with the model.
- url
Have model results been published in peer-reviewed articles?
- response
- yes
- details
- The model has undergone a peer review. See Commission staff working paper: SEC(2011)1569. Results and model developments are regularly published in peer-reviewed journals. The model has been used in multiple peer reviewed publications.
- url
Has the model formally undergone scientific review by a panel of international experts?
Please note that this does not refer to the cases when model results were validated by stakeholders.
- response
- yes
- details
- url
Model validation
Has model validation been done? Have model predictions been confronted with observed data (ex-post)?
- response
- not applicable
- details
- The model is calibrated on historical data. The model does not do predictions but comparative scenario analysis based on assumptions.
- url
Transparency
To what extent do input data come from publicly available sources?
This may include sources accessible upon subscription and/or payment
- response
- Based on both publicly available and restricted-access sources
Is the full model database as such available to external users?
Whether or not it implies a specific procedure or a fee
- response
- no
- details
- The input data to the model is not published, but it builds on multiple sources, a large number of which being publicly accessible. The technology input data, as well as other elements are fully publicly available.
- url
Have model results been presented in publicly available reports?
Note this excludes IA reports.
- response
- yes
- details
Have output datasets been made publicly available?
Note this could also imply a specific procedure or a fee.
- response
- yes
- details
- Selected model outputs are made publicly available. Published outputs are defined by the Commission and are project-specific.
- url
Is there any user friendly interface presenting model results that is accessible to the public?
For instance: Dashboard, interactive interfaces...
- response
- no
- details
- url
Has the model been documented in a publicly available dedicated report or a manual?
Note this excludes IA reports.
- response
- yes
- details
- The model documentation is publicly available. The model documentation includes the architecture and logic of the model and its different modules as well as the mathematical formulation. Many peer reviewed journals include mathematical formulations.
Is there a dedicated public website where information about the model is provided?
- response
- yes
- details
- url
Is the model code open-source?
- response
- no
- details
Can the code be accessed upon request?
- response
- no
- details