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 social scienceseconomics and businesseconomicsmacroeconomicsengineering and technologyenvironmental engineeringenergy and fuelsfossil energynatural gassocial sciencessociologygovernancetaxationsocial sciencessocial geographytransportsocial scienceseconomics and businessbusiness and managementemployment Keywords Oil price energy and transport market scenarios strategic impact Programme(s) FP6-POLICIES - Policy support: Specific activities covering wider field of research under the Focusing and Integrating Community Research programme 2002-2006. Topic(s) POLICIES-3.2 - The development of tools, indicators and operational parameters for assessing sustainable transport and energy systems performance Call for proposal FP6-2005-SSP-5-A See other projects for this call Funding Scheme SSA - Specific Support Action Coordinator TRT TRASPORTI E TERRITORIO SRL Address Via rutilia, 10/8 Milano Italy See on map Links Website Opens in new window EU contribution € 0,00 Participants (2) Sort alphabetically Sort by EU Contribution Expand all Collapse all COMMISSION OF THE EUROPEAN COMMUNITIES - DIRECTORATE GENERAL JOINT RESEARCH CENTRE - JRC Belgium EU contribution € 0,00 Address Rue de la loi 200 Brussels See on map Links Website Opens in new window FRAUNHOFER-GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V Germany EU contribution € 0,00 Address Hansastrasse 27c Muenchen See on map Links Website Opens in new window
