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What is National Energy Modeling System mean?
The National Energy Modeling System (NEMS) is an economic and energy model of United States energy markets created at the U.S. Energy Information Administration (EIA). NEMS projects the production, consumption, conversion, import, export, and pricing of energy. The model relies on assumptions for economic variables, including world energy market interactions, resource availability (which influences costs), technological choice and characteristics, and demographics.
referencePosted on 10 Nov 2024, this text provides information on Miscellaneous in Physics Related related to Physics Related. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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