Because of the importance of the energy sector's development for the performance and stability of the economy, its analysis has become an intriguing branch of the economic sciences. For this study it should be tested the characteristics of each of the industries that comprise it, as well as make...

In this article, the U.S. and southern Canadian natural gas supply market is considered. An important model for oil and natural gas supply is the Hubbert curve. Not all regions of the world are producing oil or natural gas following a Hubbert curve, even when price and market conditions are...

With the adoption of the Kyoto Protocol in 1997 national leaders have started investigating options for reducing carbon emissions within national borders [1]. Despite confronting similar energy issues, every country that adopted the Kyoto Protocol has a unique energy strategy [1,2] -being...

Recognizing the importance of energy as a vital component in economic development, the Taiwanese government has been continuously revising its energy policy, seeking to balance economic development, energy supply, and environmental protection (3E). Some measures, in an attempt to achieve the 3E...

As part of its climate strategy, the EU aims at increasing the share of electricity from renewable energy sources (RES-E) in overall electricity generation. Attaining this target poses a considerable challenge as the electricity sector is “locked” into a carbon-intensive system, which...

The Federal Government of Brazil has ambitious plans to build a system of 58 additional hydroelectric dams in the Brazilian Amazon, with Hundreds of additional dams planned for other countries in the watershed. Although hydropower is often billed as clean energy, we argue that the environmental...

Policymakers are seeking a transformation of the energy system driven by concerns about climate change, energy security and affordability. At the same time, emerging developments in underpinning science and engineering are opening up new possibilities across the whole technology spectrum...

This paper aims to analyse the economy-wide implications of a carbon tax applied on the Chilean electricity generation sector. In order to analyse the macroeconomic impacts, both an energy sectorial model and a Dynamic Stochastic General Equilibrium model have been used. During the year 2014 a...

A package of economic sanctions has been approved by the U.S. Congress in late June followed by President Obama’s signature, in the hope of pressuring Iran to suspend its nuclear program. The United Nations, for its part, recently imposed a fourth round of sanctions on Iran in an attempt to...

Energy security is a burning issue in a world where 1.4 billion people still have no access to electricity. This pioneering book is about finding solutions for energy security through the international trading system. Focusing mainly on the European Union (EU) as a case study, this holistic and...