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Green certificates modelling
#1
Hello, 

I have a problem trying to model green certifcates in my TIMES model. The idea i have is when a PJ of green electricity is produced then the model has to produce 1 PJ of green certificates (modelled as energy) that could be traded between the regions of the model at price fixed (using ACT_COST for example). The problem is : in order to allow the trade of green certifcates, one has to model a demand for these, and I don't know how to project demand of green certificates. 

Has anyone managed to model these green certificates and could help providing the used methodology ? 

every input is highly appreciated ! 

Thank you, 

Mahmoud
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#2
Hi,

here is probably the simplest way to model green certificates in TIMES https://iea-etsap.org/docs/times_interpetation_dual.pdf - page 24, eq. 10.

Maciej
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