On the basis of conventional accounting methodology, fossil fuel-fired power generation facilities currently represent the least cost technology option. However, this method of accounting tends to neglect the environmental and social costs involved in generating electrical power by combustion of...

This publication analyzes the performance of two states in India— Karnataka and Tamil Nadu— in their efforts toward installing solar and wind energy. It attempts to distill thereasons for their success, albeit in two very different renewable energy programs. It covers the major initiatives...

Climate change and climate variability is receiving much attention recently because it has significant effects on our power and energy sector and therefore on the socio-economic activities of the society especially in a developing country such as Nigeria. Approach: The aim of the study is to...

This article presents an optimal model to satisfy electricity needs of North-east Sri Lanka (NE-SL). With the absence of indigenous fossil fuel and large-scale hydrologic resources, NE-SL depends on the import of fossil fuel for electricity generation, causing economic and environmental...

This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital...

International climate change policy has come to a relative standstill with most of the countries being discouraged by the high costs of actively pursued climate policy measures. However, climate change policy offers ancillary benefits for proactive stakeholders like the European Union, in...

This article presents an optimal model to satisfy electricity needs of North-east Sri Lanka (NE-SL). With the absence of indigenous fossil fuel and large-scale hydrologic resources, NE-SL depends on the import of fossil fuel for electricity generation, causing economic and environmental...

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...

We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological changes. We then examine how this interrelationship has evolved in Europe using data for Algeria, one of Europe’s key gas suppliers. Taking into account total gas...

International climate change policy has come to a relative standstill with most of the countries being discouraged by the high costs of actively pursued climate policy measures. However, climate change policy offers ancillary benefits for proactive stakeholders like the European Union, in...