This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...

This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...

Energy-related investments have been on a track of constant development since the global expansion of energy utilization and the rapid increase of energy demand both regarding industrial use and consumer consumption. Fundamental trends in the European Union and the world at large provide an...

The disaster at Fukushima has clearly illuminated some of the issues, which operating an energy market through regionally isolated monopolies give rise to. At the same time, a shift towards renewable energies is increasingly being perceived as necessary in Japan. In order to achieve this...

The concept of energy transition can be interpreted in different ways depending on the nature of the agent involved. However, practitioners and existing literature agree that a country's energy transition is the variation of fossil fuel share in the total primary energy supply (TPES). Public...

We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...

We analyze the optimal accumulation of renewable energy (backstop) generating capacity in a capital-energy economy with exhaustible fossil fuels. The analysis rests upon graphical illustrations of optimal control considerations. Due to the exhaustibility of fossil fuels the relative...

Mining activities are energy-intensive and rely largely on fossil fuels to meet their energy demands. This exposes the mining sector to potential policy and regulatory risks, stemming from government efforts to shift the global economy to a low-emission development pathway, as envisaged by the...

We analyze the optimal accumulation of renewable energy (backstop) generating capacity in a capital-energy economy with exhaustible fossil fuels. The analysis rests upon graphical illustrations of optimal control considerations. Due to the exhaustibility of fossil fuels the relative...