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transport sector of the world's economies, which in its turn reflects the strategic dominance of transport within economies. The … ability to divert oil used within the domestic economy to transport. Yet for many industrial economies, this option has … largely been exhausted and a more radical approach of opening up new energy vectors to supply the transport sector may be …
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Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, these policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics,...
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Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...
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