Energy Economics
An Energy Economics is an economic discipline on energy markets.
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- Counter-Example(s):
- See: Energy Supply, Energy Demand, Energy.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/energy_economics Retrieved:2015-3-9.
- Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. [1] Due to diversity of issues and methods applied and shared with a number of academic disciplines, energy economics does not present itself as a self-contained academic discipline, but it is an applied subdiscipline of economics. From the list of main topics of economics, some relate strongly to energy economics: * Econometrics * Environmental economics * Finance * Industrial organization.
- Energy economics also draws heavily on results of energy engineering, geology, political sciences, ecology etc. Recent focus of energy economics includes the following issues:
- Climate change and climate policy.
- Risk analysis and security of supply.
- Sustainability.
- Energy markets and electricity markets - liberalisation, (de- or re-) regulation.
- Demand response.
- Energy and economic growth.
- Economics of energy infrastructure.
- Environmental policy.
- Energy policy.
- Energy derivatives.
- Forecasting energy demand.
- Elasticity of supply and demand in energy market.
- Energy elasticity.
- Some institutions of higher education (universities) recognise energy economics as a viable career opportunity, offering this as a curriculum. The University of Cambridge, Massachusetts Institute of Technology and the Vrije Universiteit Amsterdam are the top three research universities, and Resources for the Future the top research institute. [2] There are numerous other research departments, companies and professionals offering energy economics studies and consultations.
- ↑ Sickles, Robin (2008). “energy economics." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
- ↑ IDEAS/RePEc