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Energy Efficiency Policy with Price-quality Discrimination
Nauleau, Marie-Laure; Giraudet, Louis-Gaëtan; Quirion, … - Fondazione ENI Enrico Mattei (FEEM) - 2015
We compare a range of energy efficiency policies in a durable good market subject to both energy-use externalities and price-quality discrimination by a monopolist. We find that the social optimum can be achieved with differentiated subsidies. With ad valorem subsidies, the subsidization of the...
Persistent link: https://www.econbiz.de/10011268595
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Security of Energy Supply: Comparing Scenarios From a European Perspective
Vicini, Giorgio; Gracceva, Francesco; Markandya, Anil; … - Fondazione ENI Enrico Mattei (FEEM) - 2005
diversification; and a risk of demand/supply imbalance, with consequent instability for exporting regions due to insufficient demand …
Persistent link: https://www.econbiz.de/10005385386
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Combining Climate and Energy Policies: Synergies or Antagonism? Modeling Interactions With Energy Efficiency Instruments
Lecuyer, Oskar; Bibas, Ruben - Fondazione ENI Enrico Mattei (FEEM) - 2011
renewable energy (RE) production and reducing energy demand through energy efficiency (EE) investments. We find that although …
Persistent link: https://www.econbiz.de/10009421228
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An Evaluation of Overseas Oil Investment Projects under Uncertainty Using a Real Options Based Simulation Model
Zhu, Lei; Zhang, ZhongXiang; Fan, Ying - Fondazione ENI Enrico Mattei (FEEM) - 2011
This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte Carlo simulation and is solved by the Least Squares Monte-Carlo method. To better reflect the reality of overseas oil investment, our model has incorporated not only the...
Persistent link: https://www.econbiz.de/10009421246
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Why Are the Stakes So High? Misconceptions and Misunderstandings in China’s Global Quest for Energy Security
Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2012
China’s global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China’s own high-profile, active energy diplomacy, its national oil companies’ acquisitions in the key exporting regions of oil and...
Persistent link: https://www.econbiz.de/10010833917
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Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions?
Lecuyer, Oskar; Quirion, Philippe - Fondazione ENI Enrico Mattei (FEEM) - 2012
This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the...
Persistent link: https://www.econbiz.de/10010603768
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013
strives to decrease reliance on imported oil and coal, while attempting to meet growing energy demand and maintain a certain …
Persistent link: https://www.econbiz.de/10010732280
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Residential Consumption of Gas and Electricity in the U.S.: The Role of Prices and Income
Alberini, Anna; Gans, Will; Velez-Lopez, Daniel - Fondazione ENI Enrico Mattei (FEEM) - 2011
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We … of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas …
Persistent link: https://www.econbiz.de/10009002684
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Inflationary Effect of Oil-Price Shocks in an Imperfect Market: A Partial Transmission Input-output Analysis
Wu, Libo; Li, Jing; Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2011
This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution - the...
Persistent link: https://www.econbiz.de/10009002686
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Energy Prices, Subsidies and Resource Tax Reform in China
Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2014
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10011162044