IDEAS home Printed from https://ideas.repec.org/a/ccs/journl/y2023id1046.html
   My bibliography  Save this article

Long-term Scenarios of Global Power Industry Development: Main Tendencies and Uncertainties

Author

Listed:
  • O. B. Reznikova
  • M. V. Sinitsyn
  • I. Z. Gakhokidze

Abstract

Scenario analysis of world electricity in the long-term perspective within the general context of global economic growth allowed the authors to conclude that perspective dynamics of electricity in the world leading production and consumption centers will be decisively influenced by complex and heterogeneous factors, including: first, primary energy resources endowment; second, level and type of economic development; third, countries capacities to mobilize financial and investment resources necessary for promotion of new renewable energy sources; fourth, national economic and energy strategies. Depending on these factors countries will remain at very different stages of energy transition at the foreseeable future. There is no a universal model of energy transition.

Suggested Citation

  • O. B. Reznikova & M. V. Sinitsyn & I. Z. Gakhokidze, 2023. "Long-term Scenarios of Global Power Industry Development: Main Tendencies and Uncertainties," Outlines of global transformations: politics, economics, law, Center for Crisis Society Studies, vol. 15(2).
  • Handle: RePEc:ccs:journl:y:2023:id:1046
    DOI: 10.31249/kgt/2022.02.02
    as

    Download full text from publisher

    File URL: https://www.ogt-journal.com/jour/article/viewFile/1046/666
    Download Restriction: no

    File URL: https://libkey.io/10.31249/kgt/2022.02.02?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dale W. Jorgenson, 1984. "The Role of Energy in Productivity Growth," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 11-26.
    2. Rudiger von Arnim & Codrina Rada, 2011. "Labor productivity and energy use in a three sector model: An application to Egypt," Working Paper Series, Department of Economics, University of Utah 2011_06, University of Utah, Department of Economics.
    3. Nathan Rosenberg, 2009. "The role of electricity in industrial development," World Scientific Book Chapters, in: Nathan Rosenberg (ed.), Studies On Science And The Innovation Process Selected Works of Nathan Rosenberg, chapter 7, pages 137-151, World Scientific Publishing Co. Pte. Ltd..
    4. Rudiger von Arnim & Codrina Rada, 2011. "Labor productivity and energy use in a three sector model: An application to Egypt," Working Paper Series, Department of Economics, University of Utah 2011_06, University of Utah, Department of Economics.
    5. A. O. Maslennikov, 2022. "Battery Energy Storage Systems as a Game Changer in the Transformation of Global Power Industry," Outlines of global transformations: politics, economics, law, Center for Crisis Society Studies, vol. 15(1).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Román-Collado, Rocío & Colinet, María José, 2018. "Are labour productivity and residential living standards drivers of the energy consumption changes?," Energy Economics, Elsevier, vol. 74(C), pages 746-756.
    2. von Arnim, Rudiger & Tröster, Bernhard & Staritz, Cornelia & Raza, Werner, 2018. "Commodity price shocks and the distribution of income in commodity-dependent least-developed countries," Journal of Policy Modeling, Elsevier, vol. 40(2), pages 434-451.
    3. Marqueti, Adalmir & Morrone, Henrique & Santetti, Márcio, 2018. "Technical progress in GDP production and CO2 emissions in Brazil: 1970−2012," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    4. Cleveland, Cutler J. & Kaufmann, Robert K. & Stern, David I., 2000. "Aggregation and the role of energy in the economy," Ecological Economics, Elsevier, vol. 32(2), pages 301-317, February.
    5. Ferreira Neto, Amir B. & Perobelli, Fernando S. & Bastos, Suzana Q.A., 2014. "Comparing energy use structures: An input–output decomposition analysis of large economies," Energy Economics, Elsevier, vol. 43(C), pages 102-113.
    6. Goher-Ur-Rehman Mir & Servaas Storm, 2016. "Carbon Emissions and Economic Growth: Production-based versus Consumption-based Evidence on Decoupling," Working Papers Series 41, Institute for New Economic Thinking.
    7. Rada, Codrina & von Arnim, Rudiger, 2014. "India's structural transformation and role in the world economy," Journal of Policy Modeling, Elsevier, vol. 36(1), pages 1-23.
    8. von Arnim, Rudi & Tröster, Bernhard & Staritz, Cornelia & Raza, Werner, 2015. "Commodity dependence and price volatility in least developed countries: A structuralist computable general equilibrium model with applications to Burkina Faso, Ethiopia and Mozambique," Working Papers 52, Austrian Foundation for Development Research (ÖFSE).
    9. Khan, Haider, 2023. "Geoeconomics, Structural Change and Energy Use in Iran: A SAM-Based CGE Analysis with Some Geoeconomic and Geopolitical Considerations," MPRA Paper 117155, University Library of Munich, Germany.
    10. Morrone, Henrique, 2015. "Do demand and profitability stimulate capital accumulation? An analysis for Brazil," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    11. Omer, Ozlem & Capaldo, Jeronim, 2023. "The risks of the wrong climate policy for developing countries: Scenarios for South Africa," Ecological Economics, Elsevier, vol. 211(C).
    12. Brantley Liddle & Fakhri Hasanov, 2022. "Industry electricity price and output elasticities for high-income and middle-income countries," Empirical Economics, Springer, vol. 62(3), pages 1293-1319, March.
    13. Mulder, Peter & de Groot, Henri L.F. & Pfeiffer, Birte, 2014. "Dynamics and determinants of energy intensity in the service sector: A cross-country analysis, 1980–2005," Ecological Economics, Elsevier, vol. 100(C), pages 1-15.
    14. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2017. "The Global Productivity Slump: Common and Country-Specific Factors," Asian Economic Papers, MIT Press, vol. 16(3), pages 1-41, Fall.
    15. Ikeme, J. & Ebohon, Obas John, 2005. "Nigeria's electric power sector reform: what should form the key objectives?," Energy Policy, Elsevier, vol. 33(9), pages 1213-1221, June.
    16. Halkos, George E. & Tzeremes, Nickolaos G., 2011. "Oil consumption and economic efficiency: A comparative analysis of advanced, developing and emerging economies," Ecological Economics, Elsevier, vol. 70(7), pages 1354-1362, May.
    17. Miketa, Asami & Mulder, Peter, 2005. "Energy productivity across developed and developing countries in 10 manufacturing sectors: Patterns of growth and convergence," Energy Economics, Elsevier, vol. 27(3), pages 429-453, May.
    18. Vaona, Andrea, 2013. "The sclerosis of regional electricity intensities in Italy: An aggregate and sectoral analysis," Applied Energy, Elsevier, vol. 104(C), pages 880-889.
    19. Kurt Kratena & Michael Wüger, 2012. "Technological Change and Energy Demand in Europe," WIFO Working Papers 427, WIFO.
    20. Chali Nondo, 2018. "Is There a Relationship between Information and Communication Technologies Infrastructure, Electricity Consumption and Total Factor Productivity? Evidence from a Panel of African Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 207-218.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ccs:journl:y:2023:id:1046. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Кривопалов Ð Ð»ÐµÐºÑ ÐµÐ¹ Ð Ð»ÐµÐºÑ ÐµÐµÐ²Ð¸Ñ‡ (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.