WADE Economic Model

This powerful and unique Model enables users to directly compare, in economic and environmental terms, central and decentralized power as options for meeting future electric capacity requirements. Based on an extensive variety of input data and user defined assumptions the model builds generation, transmission and distribution capacity and compares the results.

Required input fields include:

  1. existing generating capacity and power output by technology,
  2. pollutant emissions by technoogy type,
  3. heat production, fuel consumption and load factor by technology type,
  4. capital and investment costs of generating capacity and T&D,
  5. operation and maintenance (O&M) and fuel costs by technology type,
  6. estimates of overall and peak demand growth for the system,
  7. estimates of future capacity retirement by technology type in five-year steps,
  8. estimates of future proportion of capacity installed by technology type in five-year steps.

 

Outputs that are calculated include:

  1. relative retail costs;
  2. relative capital costs;
  3. relative emissions of CO2 and other pollutants;
  4. relative consumption of fossil fuels.

 

The Model provides a powerful and flexible tool to enable policymakers and DE industry groups to understand the economic and environmental benefits of DE. Uniquely, the Model quantifies the T&D costs, a major component of overall capital and retail costs, but usually ignored in comparisons of generation options.


To see a presentation illustrating the model click here.
To download a copy of the model brochure click here.

To download a report documenting past model applications.

click here.

 

 

The below flowchart summarizes the model's main inputs and outputs.

 

Who Has Used the WADE DE Economic Model?

Past and current users of the Model are as follows:

   
Australia
Australia
(undertaken by the Commonwealth Scientific and Industrial Research Organisation)
   
Brazil
(undertaken by WADE)
   
Canada, Province of Ontario
(undertaken by NewEra for the Canadian Federal Government)
see presentation summarizing results
   
Canada, City of Calgary
(undertaken by NewEra for the Canadian Federal Government)
see presentation summarizing results
   

China
(undertaken by WADE for the UK Foreign & Commonwealth Office)
see the report in English or in Chinese
see summary of the results

   
European Union - 15
(undertaken by WADE for the European Commission DG-FER Programme)
see the results
   

G8+5 (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States plus Brazil, China, India, Mexico and South Africa)
(undertaken by the International Energy Agency)
see the report

   
Iran
(undertaken by Greenpeace International)
see a summary of the results in English or Farsi
  
Ireland
(undertaken by WADE for Sustainable Energy Ireland, Ireland's National Energy Authority)
   
Nigeria, Delta State
(undertaken by the Government of Delta State, Nigeria)
   
Portugal
(undertaken by WADE Member COGEN Portugal)
   
Sri Lanka
(undertaken by WADE for the European Commission)
read summary report
   

Scotland
(undertaken by WADE for Greenpeace UK)
read the report
  
Thailand
(undertaken by the European Commission’s COGEN-3 Programme)
   

UK
(undertaken by WADE for Greenpeace UK)
read the report

(undertaken the UK Department of Trade and Industry)
read the report and the resulting review

   
USA
(undertaken by Primary Energy Inc, USA)
read an article
   
World The World
(undertaken by WADE)
   
(none)