We explore how, in the French manufacturing sector, producer prices vary with market power during a severe episode of energy price hikes (between January 2020 and February 2023). Our work provides some empirical evidence in favor of a role for firms' market power in explaining inflation, and in...

We use scenario analysis to assess the macroeconomic effects of carbon transition policies aimed at mitigating climate change. To this end, we employ a version of the ECB’s New Area-Wide Model (NAWM) augmented with a framework of disaggregated energy production and use, which distinguishes...

We examine the impact of the Russia–Ukraine conflict on the stock returns of alternative energy and oil & gas producers from 48 countries, using the event-study approach. Over the course of eight months in the conflict, we focus on multiple critical events. Our empirical results indicate that...

Decarbonization pathways have emerged as a pivotal element of global climate change mitigation strategies. Energy system modelling is widely recognized as a tool to support the design of informed energy decarbonization policies. However, the development of energy models heavily relies on...

This article aims to rediscover a relatively unknown author to the general public, Slavcho Zagorov, and to revive his ideas. Zagorov was a Bulgarian economist and statistician whose main works date back to 1954 and are mainly devoted to the concept of energy flows in the economy and human...

The increased diffusion of information and communication technologies (ICTs) impacts daily life activities and economic growth. It introduces new social practices for households and business models for companies that influence society and energy infrastructure development. A framework capable of...

The intermittency of new energy power generation (NEPG) exposes the power supply chain (PSC) to a higher supply disruption risk (SDR), so it is crucial to determine how to manage such risk and minimize losses. In the context of cap-and-trade (CAT) in the power industry, this paper constructs a...

In the article we define the concept of inflation rate related only to electricity production and derive the appropriate discount function using the continuous-time approach. We also present a modification for models with discrete time. The concept of the inflation rate function is based on the...