The frequent power outages which characterises Ghana's electricity sector have raised serious concerns among policy makers and stakeholders. The causes of this problem have been cited as growing demand and inadequate investment. The objective of this study, therefore, was to identify the factors...

The continuing increases in oil prices have renewed the argument over the real culprits behind these movements. The growth in demand for oil in international markets, especially from the United States and China, is often identified as the main source of consumption pressure on prices, and thus...

This paper analyzes the evolution of real energy efficiency in the European Union and the attribution across countries of its percent change. Relying on a multiplicative energy intensity approach that is implemented through the Sato-Vartia Logarithmic Mean Divisia Index method, we decompose the...

This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993–2010 periods. Empirical results reveal that oil production and economic growth are...

This study estimates electricity demand functions for Sri Lanka using six econometric techniques. It shows that the preferred specifications differ somewhat and there is a wide range in the long-run price and income elasticities with the estimated long-run income elasticity ranging from 1.0 to...

We study the valuation of preferences for small scale initiatives in renewable electricity generation. We analyse the results of a stated choice experiment among 507 respondents in The Netherlands and provide valuations of characteristics of small scale initiatives. Respondents prefer installing...

‘Complete decomposition’ technique was used to examine CO2 emissions intensity and its components, considering 36 economic sectors and the 1996–2009 period. Additionally, Innovative Accounting Approach was implemented, that includes forecast error variance decomposition and impulse...

The Integrated Energy and Climate Protection Program of the German government includes the political target of doubling the share of combined heat and power generation (CHP) in Germany from currently about 13% to 25% by 2020. In order to reach this goal, a new CHP law was enacted to improve the...

To improve the forecasting accuracy of crude oil price with deeper understanding of the market microstructure, this paper proposes a wavelet decomposed ensemble model. The proposed model follows the Heterogeneous Market Hypothesis that assumes the unstationarity and dynamic changing nature of...

Portfolio Theory can result in a valid and contrasted methodology for evaluating real assets and electricity production portfolios within the construct of energy planning. It results in a more complete alternative to the least-cost perspective. In the proposed model the production costs of all...