This EEEP-symposium on “Long-term energy and climate scenarios” provides comprehensive coverage of the theory and practice of scenarios on energy and climate futures. The objective of this symposium is to contribute to the debate with a discussion of both, political economy aspects of scenario making, either positive and/or normative, but also on concrete scenarios on…
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Settling the metric selection debate for assessing the energy efficiency of energy-intensive industries
This study evaluates energy efficiency in India’s energy-intensive industries using Total-Factor Energy Efficiency (TFEE), contrasting it with the traditional Single-Factor Energy Efficiency (SFEE) approach. Analyzing panel data from 2003–04 to 2021–22 from the Prowess database, we applied Data Envelopment Analysis (DEA), including the input-oriented Slack-based method with variable returns to scale, to assess attainable energy…
Cost Efficiency Evaluation of Thermal Power Plants in Bangladesh Using a Two-Stage DEA Model
The power sector in Bangladesh is based on fossil fuel based electricity generation. The recent increase in generation capacity in the country has been through the addition of power plants using higher cost imported fossil fuels, which have increased the overall cost of electricity. In this study, we aim to compare the cost efficiencies of…
Empower the Consumer! Energy-related Financial Literacy and its Implications for Economic Decision Making
Untapped energy savings potential in the residential sector might lead to substantial welfare losses. While several studies have focused on the role of behavioral biases in explaining the lack of adoption of energy-efficient durable goods, little is known about the role of limited energy-specific knowledge and financial literacy. In this paper, we propose an integrated…
Inland Hard Coal Transportation Costs in the European Union—A Model Based Approach
Although some EU countries have already ceased coal-fired electricity generation, coal will still be a relevant topic within the European electricity mix in the medium term. A hard coal power plant competes in the merit order mainly with other hard coal power plants and also with gas power plants. One of the main cost drivers…
Energy Systems Integration: Economics of a New Paradigm
Energy Systems Integration (ESI) is an emerging paradigm emanating from a whole system perspective of the energy sector. It is based on a holistic view by which the main energy carriers are integrated to achieve horizontal synergies and efficiencies at all levels. The energy system may in turn integrate with other infrastructure sectors such as…
Book Reviews
Electricity Access: An Introduction
This EEEP symposium on electricity access introduces the readers to this topical field of research and policy, and brings together leading scholars from emerging and industrial countries that address a broad spectrum of related issues. After sketching out the challenge using standard targets and indicators, this introduction to the symposium provides a survey of the…
Levelized Cost of Consumed Electricity
Current calculations to evaluate the profitability of the various energy generating units ignore intermittency as well as complementary technologies, such as battery storage and smart meters. Therefore, we propose a new assessment of the cost of solar energy that takes into account smart grids. In doing this, we use data from a low energy dwelling…
The Future of Russian Gas Exports
Disputes between Russia and Ukraine over the terms for gas transit and deliveries prompted Russia to accelerate development of new gas pipelines to Europe circumventing Ukraine, as well as exploring the potential for gas export to additional markets like Turkey and China. The current paper examines implications of Russia increasing its gas exports capacity by…