Russia is rich not only in oil, gas and coal, but also in wind, hydro, geothermal, biomass and solar energy – the resources of renewable energy. However, fossil fuels dominate Russia’s current energy mix, while its abundant and diverse renewable energy resources play little role. What are...

A review of the experience of IEA countries after the oil crises in the 1970s, which initiated a surge of investments in renewables research and development. While use of renewables has grown rapidly, they still account for only a small portion of the IEA energy mix. This work examines policies...

Korea, the world’s thirteenth-largest economy and the seventh-largest exporter, is an energy-intensive nation. In 2008, the country adopted a long-term “green growth” strategy to foster economic development by means of low-carbon technologies and clean energy; since then, the government...

Renewable energy has received high levels of attention in recent years as an alternative to traditional hydrocarbons.  Governments, industry and consumers have adopted and promoted renewable technologies in response to concerns about energy security and the environment, and as a solution to...

In 2005, China added the equivalent of all the power plants in Norway and Sweden to its electricity generating capacity - and its remarkable demand growth shows no sign of abating. But how can the government best assure affordable and environmentally sustainable electricity supply in the future?...

This paper explores the longer- and shorter-term challenges of the energy markets and their competition policy implications. It considers why wholesale natural gas and electricity prices have risen so much and the public policy responses to high energy prices. It was prepared as a background...