Energy economics

Definition

Latest Research and Reviews

  • Research |

    As renewable energy technology deployment continues apace, it is increasingly important to consider the optimal spatial allocation of power plants. Towards this end, Drechsler et al. employ a variety of methods to understand the most efficient and equitable distribution of solar and wind plants across Germany.

    • Martin Drechsler
    • , Jonas Egerer
    • , Martin Lange
    • , Frank Masurowski
    • , Jürgen Meyerhoff
    •  & Malte Oehlmann
    Nature Energy 2, 17124
  • Research |

    Electrical energy storage is expected to be important for decarbonizing personal transport and enabling highly renewable electricity systems. This study analyses data on 11 storage technologies, constructing experience curves to project future prices, and explores feasible timelines for their economic competitiveness.

    • O. Schmidt
    • , A. Hawkes
    • , A. Gambhir
    •  & I. Staffell
    Nature Energy 2, 17110
  • Research |

    Concentrating solar power with thermal storage offers dispatchable renewable power but has enjoyed less support than photovoltaics. This study of global concentrating solar power projects finds a learning rate of 20%, which should be sustained if policy support and industrial development continue.

    • Johan Lilliestam
    • , Mercè Labordena
    • , Anthony Patt
    •  & Stefan Pfenninger
    Nature Energy 2, 17094
  • Research |

    This paper presents interrelated indicators for tracking progress towards the Paris Agreement. Findings show broad consistency with keeping warming below 2 °C, but technological advances are needed to achieve net-zero emissions.

    • Glen P. Peters
    • , Robbie M. Andrew
    • , Josep G. Canadell
    • , Sabine Fuss
    • , Robert B. Jackson
    • , Jan Ivar Korsbakken
    • , Corinne Le Quéré
    •  & Nebojsa Nakicenovic
  • Research |

    Reforms of energy markets are necessary to face the low carbon transition but are problematic to measure. New data evaluate implicit taxes and subsidies for gasoline in almost all countries at monthly intervals showing mixed results that highlight the difficulty in implementing effective policy tools.

    • Michael L. Ross
    • , Chad Hazlett
    •  & Paasha Mahdavi
    Nature Energy 2, 16201

News and Comment

  • News and Views |

    Understanding how subsidies affect fossil-fuel investment returns and production is crucial to commencing new reforms. New analysis on the impact of subsidies on US crude-oil producers finds that, at recent oil prices of around US$50 per barrel, tax preferences and other subsidies push nearly half of new oil investments into profitability.

    • Ronald Steenblik
    Nature Energy 2, 838–839
  • News and Views |

    Household income is a typical measure of inequality, but it is limited by under-reporting, especially for rural Chinese households. A new study shows that energy consumption measures service flows of household durable electronics, which can provide more precise measurement of rural wealth inequalities and distributions.

    • Dabo Guan
    Nature Energy 2, 774–775
  • News and Views |

    Typically, the allocation of renewable power sources is determined by a desire to maximize output and reduce generation costs in order to satisfy the preferences of a small number of stakeholders. A new model broadens this perspective by considering societal equity and acceptability, with the aim of improving the siting process.

    • Philipp Grunewald
    Nature Energy 2, 17130