This study improves the understanding of the real-world linkages between the energy system and the economy. Macroeconomic models should be used to aid the process of developing this understanding and are further developed themselves during the study. Specific objectives of analysis:
The role of Wuppertal Institute in Task 5 of the study as a sub-contractor to Cambridge Econometrics is gathering and processing of micro data from European surveys and provision to modellers in order to advance models in terms of further disaggregation of sectors. A second task is the development of energy poverty indicators and their integration/link to macroeconomic models.