Econometrics Of Green Energy Handbook

This book gathers cutting-edge studies on the relationship between energy innovations, economic growth, environmental regulation, promotion of renewable energy use, and climate change. Building on the research discussed in the editor’s previous book Decarbonization and Energy Technology in the Era of Globalization, it discusses recent developments such as the impacts of globalization and energy efficiency on economic growth and environmental quality. It also explores the ways in which globalization has benefited green energy development, e.g. the expansion of new technologies and cleaner machinery, as well as the problems it has caused. Written by respected experts, the respective contributions address topics including econometric modelling of the behaviour of and dynamics between economic growth and environmental quality, aspects of energy production and consumption, oil prices, economic growth, trade openness, environmental quality, regulatory measures, and innovations in the energy sector. Providing a comprehensive overview of the latest research, the book offers a valuable reference guide for researchers, policymakers, practitioners and students in the fields of renewable energy development and economics.

A Guide to Econometric Methods for the Energy-Growth Nexus presents, explains and compares all the available econometrics methods pertinent to the energy-growth nexus. Chapters cover methods and applications, starting with older econometric methods and moving toward new ones. Each chapter presents the method and facts about its applications, providing step-by-step explanations about the ways the method meets the demands of the field. In addition, applied case studies and practical research steps are included to enhance the learning process. By touching on all relevant econometric methods for the energy-growth nexus, this book gives energy-growth researchers and students all they need to tackle the subject matter. Presents econometric methods for short- and long-term forecasting Provides methods and step-by-step explanations on the ways the method meets the demands of the field Contains applied case studies and practical research steps

The Economics and Econometrics of the Energy-Growth Nexus recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps researchers answer fundamental questions about their energy-growth projects, it combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus. The book provides order and guidance, enabling researchers to feel confident that they are adhering to widely accepted assumptions and procedures. Provides guidance about selecting and implementing econometric tools and interpreting empirical findings Equips researchers to get clearer pictures of the most robust relationships between variables Covers up-to-date empirical and econometric methods Combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus

Modeling the dynamics of energy markets has become a challenging task. The intensification of their financialization since 2004 had made them more complex but also more integrated with other tradable asset classes. More importantly, their large and frequent fluctuations in terms of both prices and volatility, particularly in the aftermath of the global financial crisis 2008-2009, posit difficulties for modeling and forecasting energy price behavior and are primary sources of concerns for macroeconomic stability and general economic performance.This handbook aims to advance the debate on the theories and practices of quantitative energy finance while shedding light on innovative results and technical methods applied to energy markets. Its primary focus is on the recent development and applications of mathematical and quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. The handbook is designed for not only graduate students and researchers but also practitioners and policymakers.

As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.

Ô. . . was impressed by the scope of the contributions and their clarity. All appear to have been written specifically for this ÒHandbookÓ and all are readily comprehensible without a large amount of assumed previous knowledge. . . a very useful source document and many of the chapters represent a good starting point for student research projects.Õ Ð Tony Owen, Economics of Energy and Environmental Policy ÔIn todayÕs modern world where energy resources are increasingly scarce, climate change is a hot-button issue, and population growth continues to push the need to promote sustainable living, Handbook of Sustainable Energy is highly recommended as an absolutely invaluable contribution to graduate school libraries and the pool of literature available to professionals in the field.Õ Ð The Midwest Book Review Major contemporary issues and debates relating to the sustainable use of energy are addressed in this far-reaching Handbook. The contributing authors discuss the ongoing debates about sustainability and energy use, energy economics, renewable energy, efficiency and climate policy. New and original chapters from leading academics cover the full spectrum of relevant research including: definitions of sustainability in energy use; consumer behaviour and energy markets; the impacts of innovation and new technologies; energy economics and climate modelling; low carbon economies and renewable energies. The authors critically engage with perspectives from developed and developing countries from both global and regional standpoints. This Handbook will make a timely and important contribution to the study of energy, climate change and climate economics, and will prove essential reading for international researchers in the fields of natural resources, climate change and energy. Students in environmental science faculties, economics departments, business schools and engineering schools will also find this important and enriching compendium insightful. Similarly, policy-makers in energy and environment ministries and international organizations will find much topical debate to engage them.

Renewable energy technologies produce many measurable benefits, such as a clear reduction in greenhouse gas emissions. However, it is also apparent that these methods of energy production come with costs. Discussing renewable energy developments within an economic context, this pertinent Handbook provides a comprehensive view of the present and future dimensions of renewable energy use.

Recent Developments in Green Finance, Green Growth and Carbon Neutrality explains the role of green finance in transforming the global economy into a green and carbon neutral one. The book explores the synergy between green growth strategy and green finance policy (2G) and carbon neutrality in an economic-environmental-financial framework that helps readers understand how to design a feasible path toward achieving carbon neutrality through economic initiatives and financial innovations. It shows how to apply the notion of green growth to organizations and illustrates the need for a theory of energy economics that estimates the benefits of a low-carbon transition and carbon neutrality. Sections include historical background, relevant literature necessary to understand topics, the notions of green finance, green growth and carbon neutrality from an economic perspective. Other sections cover models and methods of carbon neutrality assessment, the nexus between carbon neutrality and economic development, green growth and financial development, green finance and green energy exploration and consumption, and more. Two chapters specifically focused on UN SDGs 7 and 13 round out the book, and it concludes with a final section that gathers and integrates the concepts discussed throughout the book. Uses green finance and green growth to develop a framework for achieving a carbon neutral society Brings together current knowledge in this field of research, then goes further to explain relevant concepts and the theoretical and empirical relationship between carbon neutrality, green growth and green finance Includes two chapters dedicated to a discussion of the United Nations Sustainable Development Goals 7 and 13 which underpin this book