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This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...
Persistent link: https://www.econbiz.de/10012510023
As the electricity demand is affected by population growth, Malaysia towards an industrialized nation is considering the options for future energy sources for its power generation. Besides the conventional four-fuel mix, the five-fuel mix strategy under several national policies are introduced...
Persistent link: https://www.econbiz.de/10010664496
This paper approaches the transition process to the bioeconomy from consumers’ perspective and their attitudes to decision-making process regarding the use of renewable energy systems in households. The article contributes to the literature by introducing a new challenge: identifying and...
Persistent link: https://www.econbiz.de/10011979762
The European Union has set ambitious goals for both energy efficiency and renewable energy use as part of its strategy to combat climate change. Using a panel data regression model that spans from 2012 to 2021, this study aims to evaluate how energy efficiency and the use of renewable energy...
Persistent link: https://www.econbiz.de/10014464453
Over the last five decades, there have been a few phases of interest in the so-called hydrogen economy, stemming from the need for either energy security enhancement or climate change mitigation. None of these phases has been successful in a major market development mainly due to the lack of...
Persistent link: https://www.econbiz.de/10013220347
The Indian power sector is experiencing a lot of pressure to supply sustainable electricity at affordable cost due to heavy demand especially in the summer peak season. Most of India's electricity is produced by fossil fueled power plants, which are the source of CO<sub>2</sub> emissions. In this case,...
Persistent link: https://www.econbiz.de/10013030584
This paper aims to analyze what happens with renewable energy power plants, such as onshore wind, photovoltaics and biomass, when the public policy support based on the Renewable Energy Law expires. With its expiration the first renewable energy (and especially onshore wind) power plants will...
Persistent link: https://www.econbiz.de/10012844612
By developing a taxonomy for sustainable investments, the EU Commission has created the first standardized criteria for climate-friendly economic activities.To achieve the goal of climate neutrality by 2050, firms and investors must be well informed of which investments avoid greenhouse gas...
Persistent link: https://www.econbiz.de/10012390069