Focusing on gas, this article explores the role of the European Commission in the process of European Union energy security policy development, and the extent to which the policy area is becoming increasingly supranational. Situating the article within the literature on agenda-setting and framing, it is argued that a policy window was opened as a result of: enlargement to include more energy im...

The aim of this paper is to look at the UK’s renewable energy policy in the context of its overall decarbonisation and energy policies. This will allow us to explore the precise nature of the ‘failure’ of UK renewables policy and to suggest policy changes which might be appropriate in light of the UK’s institutional and resource endowments. Our focus is on the electricity sector both in terms o...

A confluence of technical, economic and political forces are revolutionizing the energy sector. Policy-makers, who decide on incentives and penalties for possible courses of actions, play a critical role in determining which outcomes arise. However, designing appropriate energy policies is a complex and challenging task. Our vision is to provide tools and methodologies for policy makers so that...

We employ a general purpose technology model with endogenous stochastic growth to simulate the effects of different energy policy schemes. An R&D sector produces endogenous growth by developing radical and incremental technologies. These innovations result in blueprints for capital intermediates, which require raw capital and either carbon or noncarbon-based fuels. A carbon tax therefore affect...

Historically most energy models were reasonably equipped to assess the impact of a subsidy or change in taxation. However, these tools are insufficient to assess the impact of more innovative policy instruments. In this paper we evaluate the models used to assess future industrial energy use. We explore approaches to engineering-economic analysis that could help improve the realism and policy r...

Paper submission

In this paper we shall provide an elementary overview of the concept of general economic equilibrium in the concrete context of the U.S. energy market. * With this aim in mind, we shall introduce and discuss several important, large-scale energy models which embody the assumptions of the methodology of economic equilibrium. The models which will be discussed were all developed since the OPEC em...