gTech is the most sophisticated energy-economy modeling tool in Canada, extracting the best DNA from our earlier models into a single comprehensive framework.
It combines a detailed representation of energy-related technologies (from vehicles to fridges to crude oil extraction) with key economic transactions within the economy.
This unique combination of technological detail and macroeconomic completeness allows us to simulate the effects of virtually any type of energy or climate policy on technology adoption, energy consumption, greenhouse gas emissions and the broader economy.
Rich technological detail
- Over 50 unique energy end-uses and 200 technologies are available to meet end-use demand in all sectors of the economy.
- Emerging technologies such as electric vehicles and 2nd generation biofuel production pathways are carefully parameterized using credible data sources.
- Technology choice is behaviourally realistic, reflecting stated and revealed consumer preference data.
- gTech is a computable general equilibrium model that balances supply and demand for 86 commodities and services.
- 82 sectors are represented across each of the 12 regions in the model (including each Canadian province, the territories and the US).
- Greenhouse gas emissions are calibrated on a line-by-line basis to Canada’s National Inventory Report.
The ability to simulate the effects of any policy
- gTech can examine the impact of virtually any type of policy, from technology-specific regulations to market-based policies such as carbon pricing or hybrid flexible regulations.
- It offers an integrated framework to examine combinations of policies and how they interact with each other.
Detailed reporting that provides insight about how policies and other factors influence:
- Technology adoption
- Energy consumption
- Greenhouse gas emissions
- Many indicators of economic activity, such as GDP, output and consumption by commodity and sector, employment and trade