Energy and climate
Use cases
- Carbon market modeling (EU ETS, voluntary markets)
- Energy system transition
- Decarbonization scenario analysis
- Climate policy impact assessment
- Renewable energy deployment modeling.
Where River helps
- These models often have characteristics of "world models", attempting to represent the evolution of a complex system, be it energy supply and demand, carbon emissions and prices, etc. This modeling is necessary to inform large-scale decisions such as public policies.
- To do this, they massively use "levers" or configurable assumptions to represent the possible evolutions, and require advanced scenario modeling.
- They also use many and diverse input data, frequently patched for incomplete data.
- Transparency is non-negotiable when outputs feed into policy debates.
CASE EXAMPLE
Rebuilding the EU ETS1 Calculator with River
Climact, a Brussels-based climate consultancy, used River to rebuild its ETS simulator, bringing transparency and auditability to a critical EU policy support tool.