The use of renewable energy in power generation and sudden changes in load and fault in power transmission lines  may cause a voltage drop in the system and challenge the reliability of the system. One way to compensate the changing nature of renewable energies in the short term without the need to disconnect loads or turn on other plants, is the use of renewable energy storage. The use of ener...

This article reviews issues related to the incorporation of non-renewable resources in the theory of economic growth and development. As an o¤shoot of the new growth theory of the last two decades a series of contributions have studied endogenous technical change in relation to resource scarcity. We discuss the main approaches within this literature and consider questions like: How is the new l...