heavily on energy acquisition as the country urgently needs reliable sources of oil and natural gas to continue its …China is the largest consumer of energy, the leading exporter of manufactured goods and possesses the second largest … unprecedented economic rise. For now, Middle Eastern countries seem amenable to the nesting dragon, whose increasing energy …

This third edition of the book stems from work by the author published in Energy Economics, the International Journal … of Exergy and follow-up working papers. Topics covered include the gas laws, the distribution of income, first and second … maximisation and the cycle, empirical analysis of world energy resources and climate change as factors affecting economic output …

In this paper we have analyzed the specific characteristics of the energy markets in general and the products … transacted, in particular. Due to its unique features, electricity, one of the most important products for the economic … offers a view on the evolution of the supply and demand on the energy market in the last past years, along with a forecast …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … CO2 regulation, in which a group of countries operates an emissions trading scheme (ETS). Electricity markets are either … electricity, some emissions as well as some coal-based electricity ‘leak’ into other countries and the aggregate welfare of the …

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

the global energy economy in 2022. Starting with views on the short-term outlook for oil, electricity and gas markets, the … majority of the articles, though, are on issues around the energy transition, looking at the key milestones ahead of COP27 but … environmental policy making in the energy sector during 2022. …

needed if the rise in global temperatures is to be limited to 1.5o C this century. While the overall goal of the energy …. This paper attempts to synthesize the key challenges and consequences of the energy transition, both for incumbent actors … research on the Energy Transition, the paper aims to conceptualise a framework upon which further research can be undertaken on …

multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs … most energy intensive firms. We also find that the impact of electricity shocks has weakened over time, suggesting that … electricity and gas price increases, firms are less able to reduce their consumption. These results shed light on the mechanisms …

coal- and gas-fired electricity generation in an international emissions trading scheme. In the basic policy scenario …, electricity markets are national and one country bans coal while the emissions cap remains unchanged. The allocative displacement … aggregate welfare declines. Furthermore, the permit price decreases, while the electricity price rises in the unilaterally …

by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States …