This book is designed to provide the economic skills to make better management or policy decisions relating to energy. It requires a knowledge of calculus and contains a toolbox of models along with institutional, technological and historical information for oil, coal, electricity, and renewable energy resources.

As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.

This easy-to-read book presents an elementary yet comprehensive introduction to modern energy economics. Mathematical content is kept to a minimum, and advanced numerical concepts are placed in appendices. The two survey chapters are suitable for readers with little or no formal training in economics. Differing greatly from other energy textbooks, the book aims to provide the reader with an informed advantage. Principally intended as a textbook for undergraduate economics students, it can also be used for self-study or as a reference material.

This casebook integrates a legal assessment of energy resources with economic and environmental issues, thereby encouraging thoughtful analysis of energy policy issues confronting the U.S. and the world. Historical and contemporary legal issues confronting a range of energy resources are surveyed, including water power, coal, oil and gas, electricity, and nuclear power. Particular attention is paid to the need to reduce consumption of imported oil by motor vehicles. The third edition of the book contains considerable material on problems presented by climate change, including legal issues confronting renewable power projects and various conservation measures. We believe that the material can be taught in many different variations, and we continue to teach it in a somewhat different order every time it is offered.

This book provides an introduction to energy economics. It shows how to apply general economic theory as well as empirical and advanced econometric methods to explain the drivers of energy markets and their development. Readers learn about the specific properties of energy markets as well as the physical, technological, environmental, and geopolitical particularities of energy sources and products. The book covers all types of energy markets, ranging from liquid fuels, gaseous fuels, and solid fuels to electricity. It also addresses emission allowances, energy efficiency, and nuclear risks. The authors discuss the engineering properties of energy technologies including renewables, the economics of natural resources and environmental protection, market liberalization, and energy trade as well as the experience of the German energy transformation. This book will serve students as a textbook and practitioners as a reference for their understanding of energy markets and their development.

"Will international wars where energy resources play a central role continue to hold sway over life and death for industrialized nations, or is this a transient phase in the evolution of industrial societies? This book answers this question by tracing the history of energy and conflict from antiquity through the epic hot and cold wars of the twentieth century, to expected outcome of the war in Iraq. It points the way to the end of wars over control of fossil fuels, and demonstrates why these may be the last major international wars over other resources as well. This book is a must read for anyone interested in the future of energy use or international conflict. Readers will find in it an illuminating overview of the sweep of historical events. The book further provides a compelling explanation of how a thorough understanding of the evolutionary direction of these events challenges the conventional wisdom that resource wars are endemic to the nature of industrial society, thus offering a fresh view on oneof the most important challenges of our time"--P. 4 of cover.

This book presents a succinct overview of research on China's Energy Efficiency as studied by the Center for Energy & Environmental Policy Research (CEEP), Beijing Institute of Technology (BIT). Energy efficiency, linking energy supply, demand and market, is crucial to the world's energy development. China consumes one fourth of the world's energy currently, however its per capital consumption is no more than half of that in OECD countries. This book provides a comprehensive treatment of the situation of China's energy development, proposes and summarizes the methodologies of energy efficiency measurement, and uses these methods to analyze the energy consumption at sectoral and provincial level, the impacts of economic structure on the energy macro-efficiency, the price elasticity of oil demand, and energy efficiency policies simulations. The book provides scientific support for researchers and policy makers dealing with energy efficiency.

This book provides an updated and expanded overview of basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues in the light of recent developments, such as the Paris Agreement, the UN Sustainable Development Goals and new technological developments in the production and use of energy. The new edition is divided into four parts covering concepts, issues, markets, and governance. Although the content has been thoroughly revised and rationalised to reflect the current state of knowledge, it retains the main features of the first edition, namely accessibility, research-informed presentation, and extensive use of charts, tables and worked examples. This easily accessible reference book allows readers to gain the skills required to understand and analyse complex energy issues from an economic perspective. It is a valuable resource for students and researchers in the field of energy economics, as well as interested readers with an interdisciplinary background.

This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.