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Abstract

Understanding how the composition of a country’s energy mix is formed in an environment where greater government involvement is anticipated due to climate change obligations is critical. This paper is part of a project analyzing drivers of the mix and the transition to a future energy mix where renewables will have a key role. This initial study considers the fossil fuel mix in the U.S., Germany and the U.K. by undertaking a macroeconomic analysis of the importance of prices relative to policy in shaping the mix for these economies over the last 35 years.

Authors

Jorge Blazquez

Jorge Blazquez

Former Research Fellow Jorge is a former research fellow specializing in energy and economics, with research interests in energy and macroeconomics, energy policies…

Baltasar Manzano

Baltasar Manzano

Visiting Researcher Baltasar has been involved in economic research for the last three decades at Universidade de Vigo, with a particular focus…

Expertise

  • Energy economics
  • public economics
  • public finance
  • dynamic macroeconomics

Publications See all Baltasar Manzano’s publications

The Value of Saving Oil in Saudi Arabia

The Value of Saving Oil in Saudi Arabia

Understanding how the composition of a country’s energy mix is formed in an environment where…

March 25, 2018

Oil subsidies and renewable energy in Saudi Arabia: A general equilibrium approach

Understanding how the composition of a country’s energy mix is formed in an environment where…

November 1, 2017
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