Explains the economic foundations as well as empirical methods necessary to understand energy markets

Covers all types of energy markets including those for liquid, gaseous and solid fuels, as well as electricity

Provides comprehensive references to data sources that allow readers to carry out their own empirical analysis

Autorentext

Peter Zweifel is emeritus professor from the University of Zürich and is a specialist for microeconomic theory and its applications. Aaron Praktiknjo is an Assistant Professor of Energy Resource and Innovation Economics at RWTH Aachen University and is, among others, a specialist for energy security. Georg Erdmann is Professor for Energy Systems at the Berlin University of Technology and member of the independent expert group who assess the German energy transformation in Germany on behalf of the federal government.

Inhalt
Preface.- Introduction.- Energy in Science and Engineering.- Investment and Profitability Calculation.- Bottom-Up Analysis of Energy Demand.- Top-Down Analysis of Energy Demand.- Energy Reserves and Sustainability.- External Costs.- Markets for Liquid Fuels.- Markets for Gaseous Fuels.- Markets for Solid Fuels and CO2 Emissions.- Uranium and Nuclear Energy.- Markets for Electricity.- Economics of Electrical Grids.