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Prices Versus Policy: An Analysis of the Drivers of the Fossil Fuel Energy Mix

Author

Listed:
  • Jorge Blazquez
  • Baltasar Manzano

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Understanding how the composition of a country’s energy mix is formed in an environment where greater government involvement is anticipated due to climate change obligations is critical. This paper is part of a project analyzing drivers of the mix and the transition to a future energy mix where renewables will have a key role. This initial study considers the fossil fuel mix in the U.S., Germany and the U.K. by undertaking a macroeconomic analysis of the importance of prices relative to policy in shaping the mix for these economies over the last 35 years.

Suggested Citation

  • Jorge Blazquez & Baltasar Manzano, 2016. "Prices Versus Policy: An Analysis of the Drivers of the Fossil Fuel Energy Mix," Discussion Papers ks-1649-dp044a, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks-1649-dp044a
    as

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    File URL: https://www.kapsarc.org/research/publications/prices-versus-policy-an-analysis-of-the-drivers-of-the-fossil-fuel-energy-mix/
    File Function: First version, 2016
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