Like many emerging economies, India faces two simultaneous fundamental economic challenges– increasing prosperity, and reducing emissions. At present, however, there is little understanding of how to combine a low-carbon energy transition in sectors like electricity or transportation with an ambitious, energy-driven development agenda.
In this project, NCAER will modify its established computable general equilibrium (CGE) model to assess how specific decarbonization strategies in transportation and electricity could best support development goals, and, conversely, how development strategies might drive decarbonization in electricity and transportation.
Specifically, NCAER will modify their established, national CGE model to represent detailed regional energy systems and then run this modified version of the model to explore the implications of multiple electricity and transportation transition strategies. NCAER will compare their results with those of detailed energy system models and, as necessary, make improvements to capture, for example, the rapid evolution of energy technologies that might be spurred by these detailed sectoral policies.
This project will be conducted as part of the Green Macroeconomic Modeling Initiative (GMMI)facilitated by the Bezos Earth Fund – the project team will participate in GMMI diagnostic activities and project meetings and will publish their research results as part of a GMMI special journal issue.
Sanjib Pohit is a Professor at NCAER. He is an experienced modeler in the area of trade and environment with 20 years of modelling experience. His domain of research experience includes science and technology policies, institutional economics, transport economics, input-output models, FDI, informal trade, automobile industry, and South Asian integration. Previously, he held position at... Read More
Devender Pratap is a Senior Fellow at NCAER. His current research interests include trade policy analysis/CGE modelling, GTAP database, social accounting matrix, input output analysis, construction of base-run for CGE modelling, macro-econometric modelling and agricultural/livestock economy. At NCAER, he has handled three major CGE models in single-country and multi-country frameworks. He has also been involved... Read More
Chetana Chaudhuri is a Fellow at NCAER. Her primary research interests are in the areas of Energy, Environment, Macroeconomics, Employment and Health Economics. She has previously been associated with the National Institute of Public Finance and Policy (NIPFP), Public Health Foundation of India (PHFI) and Institute of Economic Growth (IEG). She has worked on a... Read More
Suvajit Banerjee is a Fellow at the NCAER in the Research Theme of Computable General Equilibrium Modelling and Policy Analysis. He did his Ph.D. in Economics at the Viva Bharati University. He is a macroeconomic modeler with more than 3 years of post-PhD experience in policy-oriented research, focusing on trade and environmental issues. His work... Read More