Impulse

Impulse aims to capture the systematic response among investors to influxes of catalytic capital into different generation technologies.

The model integrates energy system projections with agent-based modeling of investors to capture and predict investor and industry responses to supply-side support across electricity generation technologies, taking into account learning effects. The objective, developed from conversations with policymakers, is to quantify the catalytic effect of concessionary finance, identify those technologies for which this effect is most powerful, and quantify the resilience of different subsidy options. Impulse fills two gaps across Integrated Assessment Models (IAMs) by (i) more accurately representing complexities in the investor space and (ii) developing an accessible front-end to ensure usability and facilitate closer collaboration between academy and policy.

Impulse is an agent-based energy system simulation tool that, like other models, optimizes power generation dispatch to meet hourly demand while minimizing costs. Unlike other models, however, Impulse distinguishes between generators, operators, investors and principals within the energy system. Email jfi@jainfamilyinstitute.org for a demo.