nep-res New Economics Papers
on Resource Economics
Issue of 2021‒03‒01
two papers chosen by
Maximo Rossi
Universidad de la República

  1. Sweden's Energy Investment Challenge By Holmberg, Pär; Tangerås, Thomas
  2. The economic impact of weather and climate By Richard S.J. Tol

  1. By: Holmberg, Pär (Research Institute of Industrial Economics (IFN)); Tangerås, Thomas (Research Institute of Industrial Economics (IFN))
    Abstract: Sweden faces a major challenge in the next decades because of a projected increase in electricity demand, aging supply infrastructure and the transition to an energy system with a substantial share of weather-dependent production. This paper discusses the incentives to invest in production capacity in the Swedish electricity market, the energy policies that drive the development and proposes changes in market design to cope with this energy investment challenge.
    Keywords: Energy policy; Energy transition; Market design; Reliability; Resource efficiency
    JEL: D25 D47 Q40 Q48
    Date: 2021–02–24
  2. By: Richard S.J. Tol (Department of Economics, University of Sussex, Falmer, United Kingdom)
    Abstract: Video discussion of stochastic frontier analysis of the impact of climate and weather on economic output.
    Keywords: climate change, stochastic frontier analysis, weather, video
    JEL: Q54
    Date: 2021–02

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