Energy economics

Latest Research and Reviews

  • Research | | open

    Future energy demand maybe induced by climate change and subject to uncertainties arising from different extent of climate change and socioeconomic development. Here the authors follow a top-down approach and combined the recently developed socio-economic and climate scenarios and found that across 210 scenarios, moderate warming increases global climate-exposed energy demand before adaptation by 25–58% between 2010 and 2050.

    • Bas J. van Ruijven
    • , Enrica De Cian
    •  & Ian Sue Wing
  • Research | | open

    It is important to examine the economic viability of battery storage investments. Here the authors introduced the Levelized Cost of Energy Storage metric to estimate the breakeven cost for energy storage and found that behind-the-meter storage installations will be financially advantageous in both Germany and California.

    • Stephen Comello
    •  & Stefan Reichelstein
  • Research |

    Electrochemical CO2 reduction to fuels and chemicals is typically accompanied by oxygen evolution as the anodic half reaction. Here, Verma et al. identify glycerol oxidation as a viable alternative half reaction, reducing cradle-to-gate CO2 emissions and improving the economics of CO2 conversion.

    • Sumit Verma
    • , Shawn Lu
    •  & Paul J. A. Kenis
    Nature Energy 4, 466-474
  • 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 |

    Planning of electric power systems often does not consider the potential for, and possible effects of, conflict and socio-political strife. Here, using a case study of South Sudan, researchers develop and implement a framework for power system planning in fragile and conflict-affected states.

    • E. Spyrou
    • , B. F. Hobbs
    • , M. D. Bazilian
    •  & D. Chattopadhyay
    Nature Energy 4, 300-310

News and Comment

  • News and Views |

    A significant portion of the energy required to electrochemically reduce CO2 to fuels and chemicals is typically consumed by the accompanying oxygen evolution reaction. Now, researchers show that alternative oxidative reactions using biodiesel-waste could improve the economics and emission profiles of this process.

    • André Bardow
    •  & Matthias Wessling
    Nature Energy 4, 440-441
  • News and Views |

    Many governments use finance mechanisms to deliver energy efficiency retrofits, but there is little understanding as to what makes them effective in stimulating private investment. New research now proposes a typology of finance mechanisms that policymakers can use as a toolkit to guide policy design.

    • Peter Mallaburn
    Nature Energy 4, 267-268
  • News and Views |

    Advances in horizontal drilling have significantly increased US oil and gas production, but it is not clear whether the industry is viable if oil prices continue to be low. Researchers now estimate the break-even price for oil and gas from tight formations and analyse the factors that affect investment in drilling rigs.

    • Dawud Ansari
    Nature Energy 4, 263-264
  • News and Views |

    Multilateral development banks, such as the World Bank, have been encouraging countries to invest more in green-energy technologies. Analysis of project data suggests their own renewable energy portfolios have also grown in step.

    • Jamal Saghir
    Nature Energy 4, 14-15