I consider an economy with fossil fuel and renewable energy and energy storage, and search for the conditions that lead to welfare improvements when energy is stored. I then solve for the optimal decision rule and analyze the long-run tendencies of the economy-energy variables. The findings are...

This paper investigates the impacts of renewable and non-renewable energy consumption on economic growth employing a global panel data of 174 economies including the subsamples of developed and developing countries over the time 1980-2019. The renewable energy sources are disaggregated according...

this is an unpublished working paper, seeking feedback.AbstractElectricity can, in principle, power all the energy demands of civilization provided sufficient electricity can be produced reliably and at an affordable cost. First, we give a detailed introduction of the economic and physical...