This book addresses the question: how effective are countries in promoting the innovation needed to facilitate an energy transition? At the heart of the book is a set of empirical case studies covering supply and demand side technologies at different levels of maturity in a variety of countries. The case studies are set within an analytical framework encompassing the functions of technological innovation systems and innovation metrics. The book concludes with lessons and recommendations for effective policy intervention.
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Accelerating the Energy Revolution
Jim Skea, Renée van Diemen, Matthew Hannon, Evangelos Gazis and Aidan Rhodes
Edited by Roger Fouquet
Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.
Edited by Matthias Ruth and Stefan Goessling-Reisemann
The goal to improve the resilience of social systems – communities and their economies – is increasingly adopted by decision makers. This unique and comprehensive Handbook focuses on the interdependencies of these social systems and the technologies that support them. Special attention is given to the ways in which resilience is conceptualized by different disciplines, how resilience may be assessed, and how resilience strategies are implemented. Case illustrations are presented throughout to aid understanding.
Innovation and the Economics of the Solar Photovoltaic Industry
Xue Han and Jorge Niosi
The solar photovoltaic sector is moving forward very fast, both in terms of its own technological advancement and its standing among global renewable energy technologies. Rapid increases in solar cell efficiencies, fast technical change in solar batteries and solar glass, and economies of scale in production fuel its rapid adoption, and it is becoming clear that existing forecasts about its adoption need to be updated extensively. This timely and distinctive examination of the economic side of the field takes into account solar PV’s recent and growing lead among renewable energies competing to replace fossil fuels.
The Challenges Ahead for Transmission and Distribution
Edited by Leonardo Meeus and Jean-Michel Glachant
The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book shows that since 2010 the whole context has changed and regulation has had to catch-up and evolve. The EU is entering a wave of investment, and an era of new services and innovation which has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitzation, new market platforms and novel business models.
Prices, Production and Consumption
The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability.
Sustainable, Just, and Democratic
Edited by Melissa K. Scanlan
This book makes the case for a New Environmentalism, and using a systems change approach, takes the reader through ideas for reorienting the economy. It addresses the laws and policies needed to support the emergence of a new economy across a variety of major areas – from energy to food, across common pool resources, and shifting investments to capitalize locally-connected and mission-driven businesses. The authors take the approach that the challenges are much broader than setting parameters around pollution, and go to the heart of the dominant global political economy. It explores the values needed to transform our current economic system into a new economy supportive of ecological integrity, social justice, and vibrant democracy.
Sebastian Eyre and Michael G. Pollitt
This timely research review explores the main issues surrounding competition and regulation in electricity markets. The industry is experiencing irresistible forces for change driven by energy policy objectives; a reassessment of market regulation in the face of high energy prices and the response to consumer pressure to agree on what constitutes a fair price for energy. This research review identifies the key articles that underpin the debate across the industries supply chain (generation, supply and networks) and from a regulatory perspective (including market power and incentive regulation) followed by a consideration of the overall impact of liberalisation and future developments.
The Future of Carbon-free Energy Technologies
Edited by Valentina Bosetti and Michela Catenacci
Innovation under Uncertainty presents original research and insights on innovation in carbon-free energy technologies. Valentina Bosetti and Michela Catenacci provide a complete and informative assessment of the current potentials and limits and offer a detailed analysis of what could, or should, be the drivers to support their success and large-scale diffusion. The results provided in this book offer important and concrete insights and recommendations concerning the development and the deployment of more efficient generation technologies, the demand for which will undoubtedly increase alongside the growing concern for environmental issues and global warming.
Selected Legal Issues
Rafael Leal-Arcas, Andrew Filis and Ehab S. Abu Gosh
The legal aspects at the junction of interstate energy cooperation have become increasingly important in a world that is hungry for energy security. This book focuses on selected legal issues relating to international energy governance. International law as it stands today is not well equipped to handle international energy governance issues fully. This legal deficiency affects energy security negatively. If the currently fragmented and multi-layered international energy governance regime were streamlined for greater legal cohesiveness and international political and economic cooperation, it would promote energy security. Some chapters of the book take a broader view on interstate energy cooperation, such as energy transit, energy market liberalization and energy investment. Others focus on specific areas of such cooperation, such as trade and energy; trade, environment and energy; and energy exploration and maritime delimitation disputes. The book also presents an analysis of European Union energy governance and renewable energy.