Energy

This image is having trouble loading!FSI researchers examine the role of energy sources from regulatory, economic and societal angles. The Program on Energy and Sustainable Development (PESD) investigates how the production and consumption of energy affect human welfare and environmental quality. Professors assess natural gas and coal markets, as well as the smart energy grid and how to create effective climate policy in an imperfect world. This includes how state-owned enterprises – like oil companies – affect energy markets around the world. Regulatory barriers are examined for understanding obstacles to lowering carbon in energy services. Realistic cap and trade policies in California are studied, as is the creation of a giant coal market in China.

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By making available the almost unlimited energy stored in prehistoric plant matter, coal enabled the industrial age – and it still does. Coal today generates more electricity worldwide than any other energy source, helping to drive economic growth in major emerging markets. And yet, continued reliance on this ancient rock carries a high price in smog and greenhouse gases.

We use coal because it is cheap: cheap to scrape from the ground, cheap to move, cheap to burn in power plants with inadequate environmental controls. In this book, Mark Thurber explains how coal producers, users, financiers, and technology exporters drive this supply chain, while fragmented environmental movements battle for full incorporation of environmental costs into the global calculus of coal. Delving into the politics of energy versus the environment at local, national, and international levels, Thurber paints a vivid picture of the multi-faceted challenges associated with continued coal production and use in the twenty-first century.

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Mark C. Thurber

Faculty Member

KTH Royal Institute of Technology
Stockholm, Sweden

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Faculty Affiliate at PESD
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Mohammad Reza Hesamzadeh received his Docent from KTH Royal Institute of Technology, Sweden, and his PhD from Swinburne University of Technology, Australia, in 2013 and 2010, respectively. He was a post-doctoral fellow at KTH in 2010-2011 where he is currently a faculty member. His special fields of interests include electricity market modeling, analysis and design and mathematical modeling and computing. 

 

Dr Hesamzadeh is a senior member of IEEE, a member of International Association for Energy Economics (IAEE) and a member of Cigre, Sweden Section. He is an editor of IEEE Transaction on Power Systems. 

Associate Research Professor/Senior Research Fellow

Research Institute of Industrial Economics
Stockholm, Sweden

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Faculty Affiliate at PESD
parholmberg-150x190.jpg PhD

Lecturer (Assistant Professor) at Monash University

Faculty of Business and Economics
Monash University
900 Dandenong Road
Caulfield East, VIC 3145
Australia

+61 3 9903 1326
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Faculty Affiliate at PESD
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616 Jane Stanford Way
Encina Hall East, 4th Floor
Stanford, CA. 94305

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Research Affiliate at PESD
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Assistant Professor
Centro de Investigacion Economica and Department of Economics at ITAM
Mexico

 

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Faculty Affiliate at PESD
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