About the Energy-Economy-Environment Modelling LABoratory
E3M-Lab is a research laboratory operating, since 1988, within the Institute of Communication and Computer Systems of the National Technical University of Athens (ICCS/NTUA).
E3M-Lab specializes in the field of energy systems analysis and economics, macroeconomics and environmental economics by using and developing large-scale mathematical models based on advanced techniques of Applied Econometrics, Operations Research and Computer-based Information Systems. The researchers of the laboratory combine economic analysis with a thorough engineering evaluation and support of technology forecasting in the energy domain and focus on quantitative economic analysis and directly support economic, energy and environmental policy for the European Union and other world regions. The laboratory offers policy analysis studies and consulting services worldwide and is organized as a professional service providing entity.
E3M-Lab develops and maintains several sector-specific models. The energy model developed and maintained for all the European Union member-states is PRIMES (energy market equilibrium engineering-economic model used for the long term and the study of structural changes in energy markets). For the transport sector the PRIMES-TREMOVE transport model has been developed and is maintained for all 28 EU Member States including Croatia; the model has been recently fully integrated into the main PRIMES model. For economic impact assessment and macroeconomic studies, E3M-Lab has developed GEM-E3 (general equilibrium macro-economic model applied to World regions and to EU specific countries too) which is widely used in Europe, also independently by other organizations. The PRIMES biomass supply model has also been recently updated and now provides detailed sectorial information about the bio-energy supply sector for the EU 28 countries. E3M-Lab also developed and maintains the PROMETHEUS world energy model (a stochastic world energy/technology model rich in representation of world oil and gas markets). E3M-Lab also developed and maintains detailed sectorial models as the PRIMES-Gas for the Eurasian gas market and infrastructure and PRIMES-biomass. All models have been recently updated to include the latest statistical data for 2013.
The laboratory has accumulated a considerable information basis for a large spectrum of existing and new energy technologies. This information concerns technical characteristics, operation analysis, costs, lifetimes and market-related parameters. The basis covers energy use technologies, electric power, refineries, gas distribution, oil and gas extraction, renewable and others. The laboratory has accumulated extensive experience in power systems planning, power regulation and economics and investment analysis.