Policies, markets, and technologies interact to create the modern electrical system. Integrating large amounts of electricity generated by variable renewable resources, such as from wind and sunlight, into electricity systems may require energy storage technologies to synchronize electricity...

This study investigates the dynamics of stock market liquidity in the energy industry in the US for 130 firms for the period 2006–2011. We use a (structural) vector autoregression approach to model the simultaneous relationships between three liquidity measures, namely turnover, price impact...

We use the ReMIND-R model to analyze the role of Asia in the context of a global effort to mitigate climate change. We introduce a novel method of secondary energy based mitigation shares, which allows us to quantify the economic mitigation potential of technologies in different regions and...

This paper investigates trends in energy intensity over the last 40years. Based on a sample of 75 countries, it applies the Fisher Ideal Index to decompose the energy intensity into the relative contributions of energy efficiency and economic structure. Then, the determinants of these energy...

This paper introduces a Linear Almost Ideal Supply System (LAISS) model to examine aggregate US energy demand. Based on the Almost Ideal Demand System (AIDS) model, the LAISS model is a flexible functional form for imposing and testing properties of demand for the inputs of production. Own and...

Crude oil is a major driver of the global economy and its price dynamics are a key indicator for producers, consumers and investors. The increasing volatility of crude oil prices in the last decade has encouraged many researchers to model its dynamics. Recent studies have tried to explain this...

Tariffs on imported energy alter production and redistribute income. The present paper examines a small open economy producing two traded goods with capital, labor, and imported energy. A tariff reduces import and domestic factor income but payment to one domestic factor rises. Energy intensive...

A methodology is developed which allows us to measure the responsibility of the productive structure of an economic system with respect to the consumption and generation of electricity within an input–output framework. We propose a technical indicator of technology responsibility in...

This paper reassesses the causal relationship between per capita energy use and gross domestic product, while controlling for capital and labour (productivity) inputs in a panel of 30 OECD countries over the past 40years. The paper uses panel unit root and cointegration testing and specifies an...

I develop a simple dynamic model showing how total energy capacity is allocated to two different uses and how these uses and their corresponding energy flows are related and behave through time. The control variable of the model determines the allocation. All the variables of the model are in...