Political economy of energy

Latest Research and Reviews

  • Research |

    Tight oil and gas extraction is costly and low prices lead to reduction in investments and eventually production. Here, studying the effects of price volatility on active rigs, researchers find the break-even price and show that firms use future and not spot prices to plan exploration and development investment.

    • Esmail Ansari
    •  & Robert. K. Kaufmann
    Nature Energy 4, 321-328
  • Research |

    New fossil fuel investments may become stranded if demand for fossil fuel declines due to technological change. This could amount to a discounted global wealth loss of US$1–4 trillion, with the negative impact for producer countries amplified by climate mitigation policies of consumer countries.

    • J.-F. Mercure
    • , H. Pollitt
    • , J. E. Viñuales
    • , N. R. Edwards
    • , P. B. Holden
    • , U. Chewpreecha
    • , P. Salas
    • , I. Sognnaes
    • , A. Lam
    •  & F. Knobloch
  • Reviews |

    Coal-generated electricity forms a significant contribution to global carbon emissions. This Perspective explores the factors behind Great Britain's recent rapid switch from coal power to natural gas, which brought a large decrease in emissions, and discusses savings potential for other coal-using nations.

    • I. A. Grant Wilson
    •  & Iain Staffell
    Nature Energy 3, 365-372
  • Reviews |

    A policy sequence for low-carbon policy that is politically effective continues to face challenges of environmental and cost effectiveness. This Perspective outlines ways to address these issues within political constraints.

    • Jonas Meckling
    • , Thomas Sterner
    •  & Gernot Wagner
    Nature Energy 2, 918-922

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