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energy economics

Energy Quote of the Day: 'The West Will Have to Recognize we Have the Needs of the Poor'

November 22, 2014 by Jared Anderson
4

Energy Development and Energy Poverty

Notoriously complex global energy issues encompass science, economics, politics, the environment, demographics and social dynamics. One of the most stubborn problems is finding a way to simultaneously address energy poverty while reducing global carbon dioxide emissions.[read more]

Does Climate Disruption Change Everything? A Review of Naomi Klein's 'This Changes Everything'

October 9, 2014 by Johannes Urpelainen
8

Naomi Klein‘s 'This Changes Everything: Capitalism vs. The Climate' makes three basic claims. First, capitalism is the key reason for our addiction to fossil fuels. Second, current solutions are not solving the problem. Finally, grassroots mobilization against fossil fuels can solve the climate crisis.[read more]

Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?

September 27, 2014 by Gail Tverberg
54

Oil Prices and Supply Economics

Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy for a very long–since World War II, at least–is failing to expand sufficiently.[read more]

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Power Satellite Progress

September 9, 2014 by Keith Henson
17

Energy Innovation

Power satellites are a complicated subject. It involves economics, "rocket science," i.e., the rocket equation, orbital mechanics, radiators, thermodynamics, microwave and laser optics, geography, geometry, radio frequency interference with communications, and more.[read more]

The Catch-22 of Energy Storage

August 25, 2014 by Barry Brook
161

Energy Storage Issues

Several recent analyses of the inputs to our energy systems indicate that, against expectations, energy storage cannot solve the problem of intermittency of wind or solar power. There is not enough surplus energy left over after construction of the generators and the storage system to power our present civilization.[read more]

Energy and the Economy: Twelve Basic Principles

August 16, 2014 by Gail Tverberg
6

Energy Economic Principles

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My view of how energy and the economy fit together is very different.[read more]

Energy Production and Other Mining Account for a Large Percentage of Some State Economies

August 8, 2014 by U.S. EIA: Today in Energy

State Energy and State Economies

At the national level, establishments that extract crude oil and natural gas as well as naturally occurring mineral solids accounted for about 2% of the U.S. economy last year. In some states, though, the mining sector accounts for a much larger share of the economy.[read more]

Friday Energy Facts: Oil and Natural Gas Sales Accounted for 68% of Russia's Total Export Revenues in 2013

July 25, 2014 by U.S. EIA: Today in Energy

Russia Fuel Sales

Russia is a major exporter of crude oil, petroleum products, and natural gas. Sales of these kinds of fuels accounted for 68 percent of Russia's total export revenues in the year 2013, based on data from Russia's Federal Customs Service.[read more]

Statoil Chief: Energy Policy is Economic, Security, and Environmental Policy

May 15, 2014 by Jared Anderson
1

Statoil Chief and Energy Policy

Energy issues are more complex and interconnected than ever before, and for this reason energy has become front and center in many debates unfolding on national and international stages. Energy policy involves economic, security, and environmental facets.[read more]

Why a Climate Treaty or Carbon Tax Is Unlikely

April 22, 2014 by Steven Cohen
11

Treaties and Taxes and Likelihood

For a long time colleagues have argued that we must limit greenhouse gas emissions via a binding international treaty. Often the same colleagues will say that we need to limit emissions by pricing carbon to discourage its use. As economists say: all things held equal; that solution should work.[read more]

Our Oil Problems are Not Over!

October 4, 2013 by Gail Tverberg
8

Oil Pricing Problems

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case, as a major piece of the world’s oil problem is high price. Prices continue to be far above historic levels.[read more]

Fracking May Provide Most of US Energy Despite Environmental Concerns [INFOGRAPHIC]

October 4, 2013 by Mia Shaw
3

Fracking and US Energy

If fracking continues, it will provide over half the energy supply of the U.S. in 2 years. Proponents of farcking also argue that natural gas could replace coal and oil as the major energy source worldwide, subsequently reducing CO2 emissions by more than 50 percent.[read more]

Beware Energy Efficiency Overpromises

August 5, 2013 by Jesse Jenkins
7

Over the past decade, energy efficiency has come to be seen as a fast, cheap and even profitable way to reduce greenhouse gas emissions. But behind the scenes a growing number of economists and energy analysts are challenging these assumptions.[read more]

Energy Policy and Liquified Natural Gas: To Export or Not to Export?

May 14, 2013 by Jim Pierobon
4

LNG tanker

President Obama is preparing to decide how much liquified natural gas (LNG) from the the U.S. boom in shale natural gas production it makes sense to export. Economically and geopolitically a lot hangs in the balance.[read more]

Market designs for Tres Amigas: How about trilateral market coupling?

October 21, 2009 by Michael Giberson

More thoughts on economic issues related to the Tres Amigas project, an ambitious proposal to connect the Western, Eastern, and Texas electric grids via a three-way high tech transmission link located in eastern New Mexico. (Earlier: Tres Amigas intro and Economics for …). Europeans have had several years of experience connecting...[read more]