In the last model exercise, we asked you to steer the behaviour of firms by choosing the CO₂ tax level, the required deposit for nuclear accidents, subsidies for wind power and PV, and the electricity price.

This time, we take away the choice of electricity prices and replace it with a market interaction between the supplying firms and the consumers.

So please try again to steer the system in the direction you want by adjusting the sliders and observe the resulting firm and consumer reaction.

Note: If you want to keep a certain result for later use we suggest that you make a screenshot (Command-Shift-3 for Mac or CTRL+PrtScn for Windows) and download it.

Exercise

Liberating demand: price-quantity relations