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The NewERA Model
Capabilities and Services
NERA Economic Consulting has long been at the forefront of the continuing transformation of energy industries worldwide, pioneering and advancing the application of sound economic analysis to the energy sectors. The NewERA model is the latest advance and represents a significant expansion of NERA’s capabilities as we assist companies in 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 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.