Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand curve in a long-run model of the Texas electricity...

Unter heutigen Rahmenbedingungen muss davon ausgegangen werden, dass der globale Primärenergieverbrauch sich bis 2050 mehr als verdoppeln wird und die energiebedingten CO2-Emissionen sogar um 137% steigen. Die Abhängigkeit der OECD-Staaten von Energieimporten würde weiter wachsen und der...

Bevölkerungszuwachs und Wirtschaftswachstum werden in den kommenden Jahrzehnten die Energienachfrage weiter ansteigen lassen. Die Verbrauchszuwächse bis 2030 können und müssen weitgehend mit fossilen Energien abgedeckt werden. Es gibt genügend Gas und Öl für den Rest des Jahrhunderts. Die...

This paper compares different results from a set of energy scenarios produced by international energy experts, in order to analyze projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of...

The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic...

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...

The conventional and traditional fuel sources are becoming more and more expensive to extract and their indiscriminate use over the years has resulted in their depletion. Hence, there is an urgent need to commercialise the alternate source of fuel that is eco-friendly and affordable. There are...

One of the main reasons for the drop in oil prices that began in 2014 was a rapid increase in U.S. oil production—it reached the level of the other two biggest producers, Russia and Saudi Arabia, that same year. That, in turn, decreased U.S. demand for imported petroleum and hence put downward...