To achieve substantial emission reductions, widespread low-carbon technology adoption is vital. The process by which new technologies are developed and adopted and how their costs evolve is critical to understanding decarbonization. Modelling of this process requires a tool that realistically describes several phenomena related to technology adoption in different sectors, including technology diffusion, investment decisions, evolution of technology costs, and technology lock-in, among others.
This paper introduces FTT-FLEX, a simplification of the Future Technology Transformation (FTT) model (Mercure, 2012). FTT-FLEX is suitable for application as a single-country standalone tool or in connection with a macro-economic model. FTT-FLEX captures the core country-level of features of FTT (knowledge spillovers as the driver of technology cost and inertia in the adoption of new technologies) as they pertain to an individual country and greatly reduces the data required as compared with the global FTT model. As presented, FTT-FLEX is a natural complement to country specific macroeconomic models that analyze the decarbonization of key emitting sectors in small developing countries. The utility of FTT-FLEX is demonstrated by a decarbonization analysis for the power-sector of Guinea-Bissau.
Repository name | URI |
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Reproducible Research Repository (World Bank) | https://reproducibility.worldbank.org |
Paper exhibits were reproduced in a computer with the following specifications:
– OS: Windows 11 Enterprise
– Processor: Intel(R) Core(TM) i5-1145G7 CPU @ 2.60GHz
– Memory available: 15.7 GB
– Software version: EViews 13 Enterprise Edition - May 7 2024 build
Runtime: 1 minute
Users will not be able to reproduce the results of the paper, as access to some input data sources is restricted, and access to the intermediate dataset used to produce the results is also restricted. The included scripts document how outputs were created. The code used to create the intermediate dataset is currently embargoed.
Two datasets are restricted, two are public but not included in the reproducibility package, and two are public and included in the reproducibility package.
Author | Affiliation | |
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Unnada Chewpreecha | World Bank | uchewpreecha@worldbank.org |
Francis Dennig | United Nations Development Programme | francis.dennig@undp.org |
Ib Hansen | ibhansen.iv@gmail.com |
2024-05
Location | Code |
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Guinea-Bissau | GNB |
The materials in the reproducibility packages are distributed as they were prepared by the staff of the International Bank for Reconstruction and Development/The World Bank. The findings, interpretations, and conclusions expressed in this event do not necessarily reflect the views of the World Bank, the Executive Directors of the World Bank, or the governments they represent. The World Bank does not guarantee the accuracy of the materials included in the reproducibility package.
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Modified BSD3 | https://opensource.org/license/bsd-3-clause/ |
Name | Affiliation | |
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Unnada Chewpreecha | World Bank | uchewpreecha@worldbank.org |
Reproducibility WBG | World Bank | reproducibility@worldbank.org |
Name | Abbreviation | Affiliation | Role |
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Reproducibility WBG | DIME | World Bank - Development Impact Department | Verification and preparation of metadata |
2024-06-05
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