Objective
To deliver quantitative and qualitative evaluations of the impact of high oil prices on EU economy and employment, the HOP! project will adopt methods and tools already used in STEPs and TRIAS, the two consortia awarded in the 6th FP to "develop, compare and assess possible scenarios for the transport system and energy supply of the future". The HOP! project will run POLES (the energy model developed within the European Research Area to produce the "World Energy Technology and climate Outlook" WETO) in interface with ASTRA (the strategic transport and macroeconomic System Dynamics Model developed in the 4th FRP for DG TREN and since then continuously improved) in a carefully selected number of scenarios.
The dynamic features of the two models are well suited to describe the consequences of step-changes in oil prices. Differently than CGE models - where price elasticities are calibrated based on past developments that never included such strong price increases - POLES and ASTRA follow the feedback lo op concept where structures and structural change, modelled trough an input output table, determine the economic outcomes. Methods, assumptions and input used in the HOP! project, as well as its outcome, shall be open to discussion within the scientific community. As this will ensure consensus on the soundness of the evaluations, quantitative and qualitative analyses produced by HOP!, will allow policy makers to answer several 'what if?' questions related to variations of oil and gas prices, their imp act on the EU economy and influence of possible policy measures.
The HOP! project final expectation is that pioneering quantitative and qualitative analysis of the impacts of high oil prices on the EU economy and employment can significantly contribute t o consolidate European strategies, including the emerging of a Common Energy Policy for Europe.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics macroeconomics
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- social sciences sociology governance taxation
- social sciences social geography transport
- social sciences economics and business business and management employment
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2005-SSP-5-A
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
MILANO
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.