Energy Economics Concepts, Issues, Markets and Governance
This book provides an updated and expanded overview of basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues in the light of recent developments, such as the Paris Agreement, the UN Sus
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Energy Economics Concepts, Issues, Markets and Governance Second Edition
Energy Economics
Subhes C. Bhattacharyya
Energy Economics Concepts, Issues, Markets and Governance 2nd ed. 2019
Subhes C. Bhattacharyya
Institute of Energy and Sustainable Development De Montfort University Leicester, Leicestershire, UK
ISBN 978-1-4471-7467-7 ISBN 978-1-4471-7468-4 (eBook) https://doi.org/10.1007/978-1-4471-7468-4 1st edition: © Springer-Verlag London Limited 2011 2nd edition: © Springer-Verlag London Ltd., part of Springer Nature 2019 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer-Verlag London Ltd. part of Springer Nature. The registered company address is: The Campus, 4 Crinan Street, London, N1 9XW, United Kingdom
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Preface The first edition of Energy Economics: Concepts, Issues, Markets and Governance was well received by the academic community. Readers have provided positive feedback on the book and it has trained a generation of young energy economists, who have appreciated the wide range of topics covered by the book. Since the book was published in 2011, a lot of changes have taken place in the energy sector. The emergence of the US as an energy exporter has wiped out the peak oil debate and hardly anyone is talking about the concerns of energy security these days. Instead, the launch of the Sustainable Development Goals has galvanised the attention on global energy access, sustainable energy and green growth. In addition, the Paris Agreement has revived the global climate change agenda and made a breakthrough by adopting a common agenda for all countries. All these developments made a revision to the book essential and at th
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