We construct a New-Keynesian E-DSGE model with energy disaggregation and financial intermediaries to show how energy-related fiscal and macroprudential policies interact in affecting the euro area macroeconomy and carbon emissions. When a shock to the price of fossil resources propagates through...

Green preferences are often regarded as crucial factors in facilitating the energy transition. However, it is unclear if they can alone propel an economy towards achieving a net-zero emissions outcome. In this study, we expand the multi-agent integrated assessment model MATRIX by incorporating...

A symbiotic relationship exists between the state and the energy sector that often leads to conflicting relationships between the two. The best example of this complicated relationship is between the state and free markets is the case of the United States, European Union, and Global Energy...

This paper discusses the development of Business-as-usual (BAU) and low-emission scenarios for the energy sector in Ethiopia. This is done as part of efforts by the government to develop a Long-term Low Emissions Development Strategy (LT-LEDS) for the country. The process is conducted in...

This study examines strategic response towards climate change mitigation by listed firms in the energy sector in Malaysia from 2010 to 2019. It also examines whether institutional pressures and attributes of the Chief Executive Officer (CEO) drive such strategic response. Using a TwoStep cluster...

This paper explores the potential impacts of climate change and mitigation policies on the Euro Area, considering the uncertainty and heterogeneity in both climate and economic systems. Using the MATRIX model, a multi-sector and multi-agent macroeconomic model, we simulate various climate...

Scaling up energy efficiency is critical to the energy transition-and the public sector is a good place to start. Programs in public buildings, in particular, can introduce new models and thus help shape markets. Given the limits of public financing against huge investment needs, countries must...

One of the cornerstones to reach a decarbonised energy system by 2050 is the inclusion of a set of flexibility solutions into the energy system to cover the need for flexibility on all timescales. Such flexibility services can come in different ways such as sector coupling, energy storage,...

The demand for critical minerals is rising in support of the low-carbon energy transition, as well as global economic growth. Despite its hostile environment, the Arctic is a region with historic and existing mineral production. This paper assesses the potential of the Arctic to make a...

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

The recent energy crisis in Europe has underlined the importance of a fast replacement of fossil fuels like natural gas by green energy carriers. Great hopes for quick decarbonisation mostly rest on two technologies, hypothesized to form a "perfect match": Combined heat and power (CHP)...

In contemporary times, energy sustainability and security have become essential economic concerns globally. Nonetheless, in addition to these concerns, inadequate governance inside a corporation within the energy industry may result in corruption and energy instability within the sector. The...

In addition to self-production and individual disconnection from the national grid, the ongoing decentralization of the electricity market increasingly relies on energy-sharing mechanisms such as energy communities (ECs). This paper presents a parsimonious model that captures key features of the...

Energy efficiency is an important concept for ensuring sustainable development and reducing energy consumption. Efficiency means using a minimal amount of energy to complete a process. Considering the amount of energy needed by OECD countries, we aimed to analyze the energy efficiency of 37 OECD...

This paper examines the impact of upstream merger and acquisition (M&A) activities driven by supply chain integration motives on firm energy performance. By developing a microlevel theoretical framework, we examine the intricate relationship between firms' upstream M&A strategies geared toward...