Energy Transition and Climate Change
In a world increasingly affected by climate change, energy and the transition to sustainable energy systems are critical issues. The role of energy in society has significant economic and business implications. Thus, Energy Transition and Climate Change is one of the interdisciplinary themes of the Faculty of Economics and Business. This theme focuses on the economic and business analysis of the role of energy and climate change in societies. All the research on the theme Energy Transition and Climate Change within FEB is concentrated in the faculty’s Centre for Energy Business and Economics Research (CEnBER).
About CEnBER
CEnBER applies state of the art academic knowledge to important societal issues. The Centre aims to cooperate with external stakeholders in order to contribute to solving problems related to Energy Transition and Climate Change.
CEnBER’s business and economic analysis is conducted on a variety of levels: micro, meso, and macro. Knowledge of energy business and economics on various levels enables researches to adequately assess the effects of different types of policy measures. On micro level, the research is directed at decisions made by energy producers, network operators, energy-intensive firms as well energy consumers. On meso level, the research focuses on the design of energy markets, the interaction between consumers and producers and the regulation of energy markets. On the macro level, attention is paid to international trade in energy and the relationship between energy prices and the macro economy.
A particular research topic within CEnBER is the effect of environmental policies directed at energy production or consumption. Issues discussed include the optimal design of policy measures to curb carbon emissions, such as energy taxes, emissions trading schemes, environmental standards and subsidies for renewables.