Economics Dictionary of Arguments

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Economic Theories on Energy Policies - Dictionary of Arguments

Mause I 432
Energy Policy/Economic Theory: Apart from the regulatory framework, the discussion on energy policy focuses on possible market failures in the context of energy and measures to correct them, such as in the context of (i) natural monopolies in the field of grid-bound energy sources, (ii) external effects of air pollutants and CO2, (iii) asymmetric information in energy efficiency investments or (iv) learning effects in renewable energies. The complexity of these questions (1).
State interventions: are usually justified by the natural monopoly in the case of interventions in the energy supply. (See Natural Monopolies/Neoclassical Economics.)
Vs: this is no longer seen as such today. Cf. Ströbele et al. 2012 p. 333 (2)

1. Düngen, Helmut., Zwei Dekaden deutscher Energie- und Umweltpolitik. Leitbilder, Prinzipien, Konzepte. In Energie, Politik, Geschichte. Nationale und internationale Energiepolitik seit 1945, (Historische Mitteilungen, Beiheft 5). Hrsg. Jens Hohensee und Michael Salewski, 35– 50. Stuttgart 1993.
2. Ströbele, Wolfgang, Michael Heuterkes, und Wolfgang Pfaffenberger. 2012. Energiewirtschaft. Einführung in Theorie und Politik, 3.   Aufl. München 2012

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Economic Theories
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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