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Full Description
Economic Impact of the Energy Transition: Energy-Environment-Economy Models explores and analyzes the complex nature of energy transition, the inter-relationships between energy, environment, and economy, and the use of 3E models to assess economic impact, including a new energy-environment-economy model introduced by the book's editors. The book begins by introducing energy transition and economic impacts, explaining classical macro-econometric models, input-output and CGE models, and macroeconomic models. The second part of the book focuses on energy-environment-economy (3E) models developed globally, with in-depth chapters examining GEC, E3ME, NEMS-MAM, and finally the new System of Three E-Models (STEM).
The last section of the book provides case studies demonstrating the utilization of different 3E models in various parts of the world. A final chapter carefully examines the advantages and limitations of each model, its policy implications, and considerations for empirical analysis, discusses how these can be applied, addresses the remaining challenges in the field of energy transition and economic impact analysis, and suggests directions for future research. This is a valuable resource for researchers, advanced students, faculty, scientists, engineers, analysts, policy makers, consultants, and other industry professionals with an interest in energy transition, modeling, policy, and the interconnection between energy, environment, and economy.
Contents
Section 1: Energy Transition and Economic Impacts
1. Introduction to the Impact of Energy Transition
2. Macro Time Series Modelling
3. Input-Output and CGE Models
4. Macroeconomic Models: Growth and Business Cycles
Section 2: Energy Transition and Energy-Environment-Economy Models
5. Energy-Environment-Economy Models: Fundamentals
6. Energy-Environment-Economy Models: Case studies
7. System of Three E-Models (STEM)
Section 3: Assessing the Economic Impact of Energy Transition: Empirical Studies and Policy Issues
8. Macroeconomic Impact of Carbon Neutrality through Carbon Market Linkage between Korea, China and Japan
9. Dynamic Stochastic General Equilibrium: Comparing Renewable Energy Policies in EU, the United States, China and Korea
10. Economic Impacts and Employment Effects of Energy Transition Policies: Power Mix Case Studies
11. Economic Impacts of Carbon Capture, Utilization, and Storage: An Input-Output Model Case Study
12. Evaluating the economic impact of clean energy transition options in industry: a Lithuanian case study
13. Comparison of Net Zero Scenarios and its Economic Impact: Energy Efficiency Improvement and Electrification of End-Use
14. Conclusion
