National Energy Modeling System
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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.[1][2]
The primary use for NEMS is to produce the Annual Energy Outlook, published on the EIA website in the early months of each year.[3] NEMS is maintained by the EIA Office of Energy Analysis and was first used for AEO projections in 1994.[1]
NEMS is also used for special requests related to scenario analysis, primarily from the U.S. Congress. Subjects such as the economic and environmental impacts of energy-related policy or structure changes are most frequently studied using NEMS.[2]