Questions tagged [energy-economics]
The energy-economics tag has no usage guidance.
17
questions with no upvoted or accepted answers
4
votes
0
answers
41
views
Adding an energy sector to Nordhaus's RICE model
This is a follow-up question:
Modelling effect of renewable energy investment on GDP (via integrated assessment models)
I'm interested in adding an energy sector to Nordhaus's RICE model. Has there ...
3
votes
0
answers
59
views
Cost of UK Wind Power
I am looking for reliable information on the cost of wind power. Is there any source which, ideally:
Relates to wind power in the UK.
Is recent – say within the last 5 years.
Is published in a peer-...
- 8,311
3
votes
0
answers
100
views
Calculating Social Welfare from an Energy Subsidy
In Allcott and Greenstone's paper, "Is there an energy efficiency gap?", one finds the following figure
I quote now from p. 13:
"When there are investment inefficiencies, the original marginal
...
- 169
3
votes
0
answers
90
views
Can technical change have a negative growth rate?
Using the following nested CES function
I have backed out augmentation indices $A_L$ and $A_E$. Where $A_L$ is a labour-augmenting technical change index and $A_E$ is an energy-augmenting technical ...
- 31
2
votes
0
answers
69
views
Economics of grid extension versus off-grid electrification in developing countries
Quite a bit of research is available on the local economic effects of electrification in communities in developing countries (this article and its references go into quite a bit of detail on the topic)...
- 166
1
vote
0
answers
51
views
How to derive Calibrated supply & demand function?
Does anybody ever heared of this calibrated form? And how can I derive them?
- 91
1
vote
0
answers
22
views
Which algorithm is used to solve for an equilibrium in Nordhaus's RICE?
Nordhaus-Yang's paper on the RICE model is available here; see pg 24 for its defining equations. https://www3.nd.edu/~nmark/Climate/Nordhaus_Yang_AER.pdf
In S4 on pg 7, they explain that the solution ...
1
vote
0
answers
22
views
Market modelling with prosumers
I am working on energy integration modelling in a system with prosumers. I was wondering if there is any well-known theory or model in the economics literature for markets (specially multi-commodity ...
- 11
1
vote
0
answers
107
views
Technology, Prices, and the Derived Demand for Energy
I was reading the paper by Berndt and Wood (1975), "Technology, Prices, and the Derived Demand for Energy". It was an interesting paper to read but there has not been anything done on this in nearly ...
- 21
0
votes
0
answers
4
views
Certificates of origin for electricity that was subsidised by Germany's EEG (Renewable Energy Law)
In Germany there is the EEG (Erneuerbare Energien Gesetz - Renewable Energy Law).
The rough outline of the law is as follows: If I run a solar installation and feed electricity into the grid, I get a ...
- 101
0
votes
0
answers
31
views
How can high automation dependence and abundance in energy affect salaries?
Let's assume that we could find a very cheap source of energy that the cost of energy drops to say 1% of its current value. And let's also assume that automation and robots advanced to a level at ...
- 189
0
votes
0
answers
38
views
New gas link from Spain to Germany - Could it result in higher gas bills for Spaniards?
The Question
There seem to be plans now to connect the gas from Spain to Germany, Could it result in higher gas bills for Spaniards ?
I wonder if it will also involve increasing the gas pressure ( or ...
- 101
0
votes
0
answers
82
views
Could a mandatory intermediary for EU energy imports help in managing price spikes?
Due to the ongoing Russia-Ukraine war, there have been significant increases in the price of energy in Europe, not only for natural gas, but also for electricity and oil.
The problem seems to be that ...
- 144
0
votes
0
answers
16
views
how to adjust price data due to clock changes?
I'm trying to analyze the hourly price variation of the electricity market. However, because of clock changes, due to daylight saving time, we have a missing hour in March and an additional hour in ...
- 1
0
votes
0
answers
45
views
Necessary Goods, Price Elasticity, Long-Term Calculations
My question is a conceptual one, though it arose from a concrete calculation that I'm working on. I'm looking at the economic viability of thermal retrofits, and this author suggests including the ...
- 169
0
votes
0
answers
439
views
Capital - augmenting and energy-augmenting technical progress
I've read a number of papers on factor - augmenting technical progress and directed technical change. Authors do not note about the implications of factor - augmentation in sufficient details. Assume ...
- 1,990
0
votes
1
answer
84
views
What is the best example social norm effect economy?
Here is my example.
I read the paper called "Social norms and Energy Conservation" (2010) by Hunt Allcott, about the energy conservation of households by providing them with the amount of energy ...
- 23