Women in Energy Modelling Webinar proves a great success.
On 23 October CCG held a webinar called ‘Women in…
What happens if part of your population chooses to spend less on heating? Or some investors will only invest in technology when it reaches a certain market share?
This paper describes MUSE, which can represent the decision-making behaviour of energy system stakeholders. With user-defined differences in behaviour, MUSE can simulate consumers and investors or individuals, firms, governments, and regulators from multiple sectors. This can be modelled in a flexible manner, considering individual goals, rationality with constraints, and imperfect foresight.
With MUSE, climate change assessments can be created that are more realistic and more effective approaches to mitigation can be designed.
You can also learn how to use MUSE via the free OpenLearn course: