First published on
17 September 2021
Discussion Paper 146

E-QUEST - A Multi-Region Sectoral Dynamic General Equilibrium Model with Energy: Model Description and Applications to Reach the EU Climate Targets


This paper provides a description of E-QUEST, a new micro-founded multi-region model with energy sectors that is used to analyse the macroeconomic impact of meeting the net zero emissions climate target of the European Union.


Janos Varga, Werner Roeger, and Jan in ’t Veld. European Commission.

Information and identifiers

Discussion Paper 146. September 2021. Brussels. PDF. 44pp. Tab. Graph. Bibliogr. Free.

KC-BD-21-003-EN-N (online)
ISBN 978-92-76-38747-3 (online)
ISSN 2443-8022 (online)
doi:10.2765/954483 (online)

JEL classification: D5, Q43, Q50


European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.


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