Energy-economic models and the environment

Research output: Contribution to journalReview article

130 Citations (Scopus)

Abstract

The current century - an era of environmental awareness - requires energy resources to satisfy the world's future energy demands. We can use current energy use scenarios to help us to understand how energy systems could change. Such scenarios are not an exercise in prophecy; rather they are designed to challenge our thinking in order to make better decisions today. The conventional modeling approach tends to extrapolate changes in energy consumption from historical trends; however, technology innovation sometimes causes drastic reforms in energy systems in the industrial, commercial, residential and transportation sectors. The economic aspects are another key issue to be considered in order to understand future changes in energy systems. The quantity of the energy supply is set to meet the price of the energy demand of end users. This occurs on the condition that the price of the energy supply equates with the price on the demand side under the market mechanism. This paper reviews the various issues associated with the energy-economic model and its application to national energy policies, renewable energy systems, and the global environment.

Original languageEnglish
Pages (from-to)417-475
Number of pages59
JournalProgress in Energy and Combustion Science
Volume30
Issue number4
DOIs
Publication statusPublished - 2004 May 27

Keywords

  • CO emissions
  • Carbon tax
  • Energy model
  • Energy tax
  • Global environment
  • Nuclear
  • Renewable energy
  • Transportation

ASJC Scopus subject areas

  • Chemical Engineering(all)
  • Fuel Technology
  • Energy Engineering and Power Technology

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