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A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies provides guidance on economic evaluation approaches, metrics, and levels of detail required, while offering a consistent basis on which analysts can perform analyses using standard assumptions and bases. It not only provides information on the primary economic measures used in economic analyses and the fundamentals of finance but also provides guidance focused on the special considerations required in the economic evaluation of energy efficiency and renewable energy systems.
A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies.
This volume examines the outlook for renewable energy in electricity generation-particularly wind and solar power-as a substitute for conventional fuels such as coal and natural gas. Economist Benjamin Zycher evaluates the central arguments in favor of policies that would make way for broader use of renewables and concludes that all are deeply problematic. "Renewable" energy sources are not superior in cost to conventional fuels; nor are they less taxing on the environment. The popular argument that increased use of renewables will create "green jobs" is likewise a fallacy-because wind and solar power are costly and inefficient, the net economic impact is a negative one. Zycher concludes that resource-use behaviors emerging from market competition are the best guides to effective, sustainable energy policies.
Sustainability is a new, important discourse aimed at promoting a new strategy in the development of energy, water and environmental (EWE) systems — the key components that affect the quality of life on our planet. It is becoming increasingly clear that the quest for sustainable development requires integrating economic, social, cultural, political and ecological factors. The behavior and properties of an EWE system arise not merely from the properties of its component elements, but also to a large degree also from the nature and intensity of their dynamic interlinkages. This volume helps clarify the complexity of these problems by providing a deeper understanding of the implications of the different aspects of sustainability.This work contains a collection of selected, peer-reviewed and state-of-the-art reflecting papers that were presented at the Third Dubrovnik Conference on Sustainable Development of Energy, Water and Environment Systems that was held in June 5-10, 2005 in Dubrovnik, Croatia.
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 major reference work brings together for the first time key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, this collection reveals the emergence and growing importance of this sub-field of economics. Topics covered in this timely volume include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This indispensable collection is complemented by a comprehensive introduction that will serve as an essential source of reference for students and researchers.
This book introduces the basic tools of dynamic optimization in economics to study environmental problems, applies econometric methods to estimate and test the models derived by dynamic optimization, and discusses environmental problems in a broad perspective, including the design and implementation of environmental policies. Although the coverage is selective, it represents what the author has to offer from his perspective and experience gained in research in dynamic optimization, econometrics and policy analysis, especially for China. The volume is self-contained for readers with mathematical background of first-year graduate students in the analytical fields of science and engineering but only limited training in economics, while an economics text presumes more knowledge of economics. Once the tools are mastered, the reader can pursue his own research on the topic if he is interested, or simply become a more mature citizen in the global economy.
While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.
This textbook provides an introduction to energy analysis for those students who want to specialise in this challenging field. In comparison to other textbooks, this book provides a balanced treatment of complete energy systems, covering the demand side, the supply side, and the energy markets that connect these. The emphasis is very much on presenting a range of tools and methodologies that will help students find their way in analysing real world problems in energy systems. This new edition has been updated throughout and contains additional content on energy transitions and improvements in the treatment of several energy systems analysis approaches. Featuring learning objectives, further readings and practical exercises in each chapter, Introduction to Energy Analysis will be essential reading for upper-level undergraduate and postgraduate students with a background in the natural sciences and engineering. This book may also be useful for professionals dealing with energy issues, as a first introduction into the field.