Low carbon hydrogen (whether based on renewable or nuclear electricity, or fossil fuels with carbon capture) is a means to decarbonise sectors of the economy which are hard to electrify. Its business model is heavily dependent on government intervention (e.g. mandatory targets, subsidies,...

This paper uses a whole-system approach to examine different strategies related to the future role of the gas grid in a low-carbon heat system. A novel model of integrated gas, electricity and heat systems, HEGIT, is used to investigate four key sets of scenarios for the future of the gas grid...

Global climate changes urge prompt energy transition for less carbon emissions, from traditional fossil fuels to renewable and sustainable clean energy. However, in reality, the world's energy majority cannot make U-turn immediately to renewables or clean energy due to the immature technology...

This report is designed to assist in the overall review of South Africa’s tax system. The Davis Tax Committee (DTC) was established by the Minister of Finance in 2013 to consider the appropriateness of the current mining tax regime. The DTC’s review takes place within the context of its...

This paper formulated a short-run model, with an explicit role for monetary policy, for analyzing world oil and gas markets. The model described carefully the parameters of these markets and their vulnerability to business cycles. Estimates showed that short-run demand for oil and gas was price-...