An Introduction to Energy Economics and Policy

This book offers a novel introduction to energy economics and policy for students in economics, social science, engineering and environmental science. Readers can understand discussions in policy debates on issues related to energy and climate policy instruments from an economic point-of-view, integrating insights from behavioural economics.

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Energy economics and policy are at the heart of current debates regarding climate change and the switch from fossil fuels to renewable forms of energy. They are also crucial in dealing with energy supply and security issues caused by global shocks such as the war in Ukraine. An Introduction to Energy Economics and Policy outlines pressing issues concerning current global energy systems, particularly energy production and use. It presents economic frameworks for valuating policy goals and for understanding the major energy and climate challenges faced by industrialized and developing countries. Integrating insights from behavioural economics into the standard neoclassical approach, particularly the role of behavioural anomalies, this book offers a novel introduction to energy economics and policy and provides a fresh perspective on real-world issues in energy and climate. This title is also available as open access on Cambridge Core.