This report outlines the benefits of combining the MARKAL model and the REMI PI+ model to examine the interactions between the energy sector and the wider economy. The REMI and MARKAL models can be integrated both ways, with REMI providing economic and demographic parameters for the MARKAL reference scenario or MARKAL simulating specific energy/environmental policies and generating output variables to be used in REMI. Together, MARKAL and REMI can identify economic, environmental, and technological impacts of projects, as well as identify the most effective policy options excelling in those same stated sectors.
Regional Economic Models, Inc. – MARKAL White Paper [full PDF]
