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NewERA Model

NewERA Model

NERA's proprietary NewERA model allows us to provide invaluable help to companies managing unprecedented change and uncertainty in the energy sectors related to factors such as technology improvement and environmental regulation.
 
The NewERA model is a unique tool for effectively measuring the macroeconomic and detailed sectoral impacts of changes affecting the energy sectors. Its macroeconomic outputs include forecasts of prices of energy commodities, demand and supply of all goods and services, changes in imports and exports, gross domestic product, gross regional product, consumption, investment, disposable income, and changes in employment statistics. Detailed electric sector outputs include new builds, retrofits and dispatch decisions for generating units.

Applying the expertise of leading economic modelers and the extensive energy industry experience of NERA Economic Consulting, the model allows for: