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External Peer Review of Market transformation Model - EV0712

Description
The purpose of the peer review is to assess the suitability of the UK Market Transformation Programme (MTP) Model of Energy-Using Products (EUPs), and make recommendations for future developments to the model. Note, future developments to the model are subject to budget being available. The MTP Model is used by Defra as a framework to analyse the impacts of policies intended to bring about higher energy efficiency in the stock of EUPs in the UK. The Model is applied principally for the purpose of Impact Assessment on EU energy efficiency minimum standards, to help inform the UK’s voting position in various EU Regulatory Committees. The results of the model are also used as inputs into DECCs annually Updated Energy and Emissions Projections.
Objective
an assessment of the :
model’s logic and the extent to which it adequately represents the salient features of EUPs in the UK;
input assumptions and parameters in terms of their resemblance to our understanding of the real world;
flexibility and ease with which the model can be used for sensitivity/uncertainty analysis and the extent to which intermediate results and non-standard breakdowns of results can be extracted and
transparency of the model in terms of both documentation and accessibility of input assumptions and output results
Project Documents
• FRP - Final Report : A Peer Review of the MTP Model   (1137k)
Time-Scale and Cost
From: 2012

To: 2012

Cost: £45,345
Contractor / Funded Organisations
Cambridge Econometrics Ltd
Keywords
Energy Efficiency              
Market Transformation