Down the Non-Linear Road from Oil to Consumer Energy Prices


Book Description

In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in the euro area, largely through their direct effect on fuels prices, reviving the controversy over whether the prices of petroleum products respond more promptly to positive than to negative oil price shocks. This paper provides fresh evidence on this issue for the US, the euro area and the four largest euro area countries (Germany, France, Italy and Spain), both for petrol and diesel prices. Inference is based on the dynamic response of downstream prices to upstream shocks, rather than on tests on the regression slopes as in the majority of existing studies, taking into account the non-linearity of the impulse response function in models with asymmetric adjustment, so far ignored in this literature. The empirical analysis shows that fuels prices respond very promptly to oil price shocks, with some heterogeneity across countries, and that no systematic evidence of asymmetries emerges. This result is robust across periods of high and low oil price volatility and holds both for standard and large shocks.







Electricity Economics and Planning


Book Description

Explores fundamental changes that have taken place worldwide in electricity economics and planning since the publication of the author's initial book on the subject, "Power System Economics", in 1983. It introduces the planning options likely to arise in the 1990s and beyond.




Implementing Environmental and Resource Management


Book Description

This book represents the collected works of Environmental and Resource Management (ERM) Alumni as well as young professionals and researches who are involved in the field of ERM. The connecting theme of these works is the successful implementation of ERM in a wide range of issues including: energy innovation and management, climate change response and sustainable development aspects of resource management in developing countries. This book aims to expose some of the research outputs of ERM Alumni and present perspectives and critical questions of ERM application. The research results can provide empirical bases on which ERM study programmes and/or working environments can be problematised in order to more effectively meet the objectives of ERM. The intended audience of this volume is wide including potential and current ERM students who want to understand how ERM is being applied; and teachers and researchers who want to understand the roles and interactions of ERM Alumni and their workplace.




Energy Insider


Book Description




Encyclopedia of Renewable Energy, Sustainability and the Environment


Book Description

Encyclopedia of Renewable Energy, Sustainability and the Environment, Four Volume Set comprehensively covers all renewable energy resources, including wind, solar, hydro, biomass, geothermal energy, and nuclear power, to name a few. In addition to covering the breadth of renewable energy resources at a fundamental level, this encyclopedia delves into the utilization and ideal applications of each resource and assesses them from environmental, economic, and policy standpoints. This book will serve as an ideal introduction to any renewable energy source for students, while also allowing them to learn about a topic in more depth and explore related topics, all in a single resource. Instructors, researchers, and industry professionals will also benefit from this comprehensive reference. Covers all renewable energy technologies in one comprehensive resource“/li> Details renewable energies’ processes, from production to utilization in a single encyclopedia Organizes topics into concise, consistently formatted chapters, perfect for readers who are new to the field Assesses economic challenges faced to implement each type of renewable energy Addresses the challenges of replacing fossil fuels with renewables and covers the environmental impacts of each renewable energy




Gas Prices


Book Description




Energy Efficiency: Innovations: Driving Prosperity, Slashing Emissions


Book Description

Energy efficiency touches all parts of the economy and lies at the heart of all plausible strategies for addressing climate change. A fascinating range of new technologies and new business models have emerged in the past few years and are rapidly reshaping the field and driving efficiency improvements — many of them completely unexpected.This book provides a fresh look at energy efficiency written in a way that can be interesting to experts and serve as an entry point for novices. With chapters written by recognized experts in their fields of expertise, the book provides readers with a clear perspective on the state-of-the art developments of both new technologies and new approaches to system design and operations in buildings, industry, transportation, and urban design. Strategies for electrification and optimization based on data and powerful algorithms are also explored in depth. The discussion includes new mobility systems, smart buildings, reimagined industrial processes, new materials, and smart grid integration.Related Link(s)




International Handbook on the Economics of Energy


Book Description

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.