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An Introduction to Energy Economics and Policy

An Introduction to Energy Economics and Policy

An Introduction to Energy Economics and Policy

Authors:
Massimo Filippini, ETH Zürich and Università della Svizzera Italiana
Suchita Srinivasan, ETH Zürich
Published:
December 2024
Availability:
Available
Format:
Paperback
ISBN:
9781009471824

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    Energy economics and policy are at the heart of current debates regarding climate change and the switch from fossil fuels to renewable forms of energy. They are also crucial in dealing with energy supply and security issues caused by global shocks such as the war in Ukraine. An Introduction to Energy Economics and Policy outlines pressing issues concerning current global energy systems, particularly energy production and use. It presents economic frameworks for valuating policy goals and for understanding the major energy and climate challenges faced by industrialized and developing countries. Integrating insights from behavioural economics into the standard neoclassical approach, particularly the role of behavioural anomalies, this book offers a novel introduction to energy economics and policy and provides a fresh perspective on real-world issues in energy and climate. This title is also available as open access on Cambridge Core.

    • Provides comprehensive discussions on market failures and behavioural anomalies in the energy sector in a non-technical way
    • Provides a thorough presentation on market-based and non-market-based energy and climate policy instruments that are essential for the energy transition
    • Includes in each chapter, a section on the applicability of the topics discussed in developing countries, and on the future of their energy systems
    • Presents discussions in policy debates and in the media, on the choice of, and on issues related to, energy and climate policy instruments from an economic point-of-view
    • This title is Open Access

    Reviews & endorsements

    ‘Filippini and Sirnivasan hit all the right notes in their crystal clear and comprehensive introduction to energy economics and its policy considerations. The book in wide-ranging, covering the most important topics for budding energy economists facing the current energy transitions. It brings cutting-edge research in energy economics to bear in an easily accessible way that should prove invaluable to students around the globe.’ Kenneth Gillingham, Senior Associate Dean and Professor of Economics, Yale School of the Environment

    ‘Energy Policy is now a top issue for governments and societies, with an increasing attention due to the environmental/climate crises and to major geo-political problems and shifts. Given what's at stake, Economics must pay an important role in the foundations, design and assessment of energy policies. Filippini and Srinivasan's book is a much-needed and updated contribution in this field due to their comprehensive, rigorous and practical approach. A key book for students, academics and practitioners.’ Xavier Labandeira, Professor of Economics, Universidade de Vigo, Spain

    See more reviews

    Product details

    December 2024
    Paperback
    9781009471824
    278 pages
    246 × 168 × 15 mm
    0.484kg
    Available

    Table of Contents

    • Contents
    • 1. Energy economics and current energy systems
    • 2. Market failures and behavioural anomalies
    • 3. Energy demand – theory and empirical analysis
    • 4. Economic analysis of energy investments
    • 5. Economics of energy efficiency
    • 6. Energy related market forms
    • 7. Market-based economic instruments
    • 8. Non-market-based instruments
    • 9. Policy choice and evaluation
    • Bibliography
    • List of Terms
    • Alphabetical index.
    Resources for
    Type
    Exercises for textbook
      Authors
    • Massimo Filippini , ETH Zürich and Università della Svizzera Italiana

      Massimo Filippini is a Full Professor in Economics at ETH Zurich and at USI. He is director of the Centre for Energy Policy and Economics at ETH Zürich. He has been a visiting scholar at MIT and Harvard University, and published over 70 scientific articles in energy and environmental economics.

    • Suchita Srinivasan , ETH Zürich

      Suchita Srinivasan is a postdoctoral researcher and lecturer at ETH Zurich. She studies environmental and energy-related issues in developing countries, as well as behavioural factors that hinder adoption of energy-efficient technologies. She has published papers in several field journals.