MEDEAS uses advanced modelling techniques to produce a flexible tool to help decision makers steer the European economy towards a low carbon future under different policy, technology, resource availability and consumption scenarios. The transition to a low carbon economy needs to satisfy multiple (often competing) objectives including: socio-economic competitiveness, protection of the environment, creation of quality jobs, and social welfare. Policy-makers and other key stakeholders require holistic tools which do not just focus on the energy sector, but consider the implications of policies on other domains including the economy, society and the environment. Currently, many tools lack sufficient integration of these important areas despite being tightly connected to the energy sector. MEDEAS project aims to solve these challenges by developing a leading-edge open-source energy modelling tool.
MEDEAS main results are the following:
A suite of MEDEAS models system nested in four geographical domains: World, Europe, Bulgaria and Austria in python programming language: pymedeas_w; pymedeas_eu; pymedeas_at; pymedeas_bg.