• Initiative -
  • Type Think20 (T20)
  • Date 7 February 2020
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Abstract

Climate change goals can be met through both the decarbonization of the electricity sector and the electrification of sectors that now use other fuels. However, the electricity sector is navigating major technological disruptions that are changing the essence of its regulatory and business landscape. Similarly, other sectors that are good candidates for electrification, like transportation, are witnessing further technological disruptions, leading to paradigm shifts. New business models in electricity and transportation might converge, with both sectors focusing on services traded on a digital platform, leading to their horizontal integration. A side effect of this process would be an increase in electricity use and mobility—achieved through a reduction of emissions, if electricity is generated from carbon-free sources. Governments, both individually and collectively, should ensure the removal of barriers to the convergence of these sectors, avoiding inadvertently delaying the horizontal integration of the sectors with fragmented approaches.

 

Authors

Rolando Fuentes

Rolando Fuentes

Former Research Fellow Dr. Rolando Fuentes was a research fellow focusing on business and regulatory models for the Utilities of the Future project.… Dr. Rolando Fuentes was a research fellow focusing on business and regulatory models for the Utilities of the Future project. He has extensive experience in the energy and environmental sectors as an academic and policymaker. Rolando was the director of international negotiations at the Mexican Ministry of Energy and later became director of hydrocarbons projects. Before joining the Mexican government, he was a fellow of the London School of Economics, where he lectured and taught courses in Environmental Impact Assessment and Environmental Policy, and supervised master’s dissertations. Rolando has also been an associate of the Oxford Institute of Energy Studies and IHS Cambridge Energy Research Associates (IHS CERA), and was a recipient of the British Chevenning Scholarship in 2001.  

Lester C. Hunt

Visiting Researcher Lester C. Hunt is a part-time Professor of Economics at the University of Portsmouth and a KAPSARC Visiting Researcher. Lester… Lester C. Hunt is a part-time Professor of Economics at the University of Portsmouth and a KAPSARC Visiting Researcher. Lester previously worked at the Universities of Essex (1979-1980), Swansea (1980-1985 and 1987-1989), Surrey (1989-1991 and 1999-2017), and Portsmouth (1994-1998, and 2017 onwards). At Surrey he was Head of Economics (1999-2003) and Director of SEEC (2003-2015). At Portsmouth he was Head of Economics (1996 -1998) and Head of Economics and Finance (2017-2021). In addition to working in higher education, Lester was an Economic Adviser in the forecasting division of HM Treasury (1985-1987), an Energy Analyst/Economist at Midlands Electricity (1991-1994) and a Senior Research Fellow at KAPSARC (2015-2017). Lester holds a B.Sc. (Hons) in Economics with Econometrics from Loughborough University, an MA in Economics from the University of Essex, and a Ph.D. in Economics from the University of Surrey. He has been an Editor of The Energy Journal since 2006.

Expertise

  • Energy Economics and Policy

Publications See all Lester C. Hunt’s publications

Baltasar Manzano

Visiting Researcher Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC… Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC since 2014. From 2005 to 2009, he served as an economic advisor to the president of Galicia. Baltasar has a Ph.D. in economics from the Universidad Complutense, Madrid  and has published extensively in academic journals, mainly focusing on the intersection of macroeconomics and energy.

Expertise

  • Energy and the Macroeconomy
  • Energy and the Environment
  • Dynamic Stochastic General Equilibrium Models
  • Public Economics and Optimal Policy

Publications See all Baltasar Manzano’s publications

Nora Nezamuddin

Senior Research Associate Nora is a Senior research associate currently working on assessing the current and future status of freight transportation in the… Nora is a Senior research associate currently working on assessing the current and future status of freight transportation in the Kingdom of Saudi Arabia from a global and local perspective and understanding the energy demand in freight movement in India. She has also worked on renewable transitions policy and costs and their effect on electricity markets.

Expertise

  • Transport economics
  • Freight transport
  • Energy policies
  • Transport policy
  • Transitions policy and trade
  • Energy in transport

Publications See all Nora Nezamuddin’s publications

Juan Jose Montero

Juan Jose Montero

Mathias Finger

Mathias Finger

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