This paper explores the impacts of long-term technology and climate uncertainties on the optimal evolution of the World energy system. Stochastic programming with the TIAM-World model is used for a parametric analysis of hedging strategies, varying the probabilities associated to each of two...

This paper presents a new US multi-region energy systems model built in the TIMES modeling system: the Framework for Analysis of Climate-Energy-Technology Systems (FACETS). The model is designed to analyze energy technology options and policy scenarios across sectors and regions, including the...