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Articles on Energy economics

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The single well drilled in Balcombe caused more protest than thousands drilled in the US. Gareth Fuller/PA

As US shale industry falters, a UK fracking boom is unlikely

While the discovery of what appear to be substantial gas resources under UK soil is an intriguing opportunity for the Department of Energy and Climate Change and the country’s energy companies, lessons…
Nations under the spell of cheap and plentiful fossil fuels are carbon cursed. Chris Radburn/PA

Break the carbon curse to curb global emissions

Regardless of economic strength or level of development, countries with substantial fossil fuel resources are almost certain to be heavy carbon polluters – a phenomenon dubbed the “carbon curse”. A study…
High costs, confusing regulation and changing markets are troubling Australia’s natural gas industry. Flickr/stevendepolo

More gas exploration isn’t the solution to our problems

Resource Minister Gary Gray has called for greater natural gas exploration and warned that Australia would become less competitive in Asia if industry fails to take heed. But is insufficient exploration…
Sold to the lowest bidder! The carbon price will not transform Australia’s power supply without further steps to help low-emission technologies into the market. Flickr/sashafatcat

Low-emission’s missing link: reverse auctions for clean power

When it comes to reducing emissions, most serious analysts agree: the market works best, but the market is not enough. The International Energy Agency, the OECD, leading British climate economist Nicholas…
Do you see the light? Solar costs are comparable to fossil fuels, and are falling 45% annually. Flickr/MyEye85

Newsflash: solar power costs are falling below fossil fuels

Recent postings to The Conversation have enlivened the debate over the “Great Transition” that is underway all around the world from the fossil-fuelled energy systems of the 20th century to the renewably…
With natural gas - like other commodities - it can be necessary for prices to rise in anticipation of increasing demand. Flickr/jasonwoodhead23

Natural gas: expect price to rise as market expands

Many are concerned with the price of natural gas. Natural gas is an important part of Australia’s overall energy mix; it represents roughly a quarter of all primary energy sources consumed. And, as we…

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