Energy-economic Scenarios for Austria 2050

The aim of the project is to model two energy-economic scenarios for Austria up to the year 2050, a WEM ("with existing measures") scenario and a WAM ("with additional measures") scenario. While the WAM scenario implements additional measures in the area of energy efficiency, renewable energies and technological change, and assesses their effects on energy consumption and value-added, the WEM scenario delineates the energy-economic impacts of adopted measures until May 2016. The scenarios are modeled by using a model system of technology-oriented sectoral bottom-up models (from AEA, TU Vienna, TU Graz, UBA) interlinked with a top-down model, the WIFO.DYNK (Dynamic New Keynsian). WIFO.DYNK is at the center of the model system and is being adapted and extended for the purpose of model integration. This concerns, in particular, the elaboration of the interfaces of different bottom-up data sets and models in the area of energy supply, transport and housing with WIFO.DYNK. Results show a detailed projection of energy demand, energy supply and greenhouse gases by 2050 as a potential pathway for Austria and demonstrate the scope of energy-economic impacts from setting additional measures.