The Effects of Global Real Economic Crisis on the Markets for Fossil and Renewable Fuels

نویسنده

  • Péter Jobbágy
چکیده

The 2008/2009 world economic crisis had significant impact on the oil and fuel markets. The crisis developed from the meltdown of American and European mortgage and financial markets and rapidly involved the global real economy. As each country reacted differently to the crisis, the changes in the fuel market also showed significant geographic variation. In our present research, the actions of the US, German and Hungarian fuel markets were analysed for the answer to the reasons for the differences in crisis reactions. We examined the tendency of fuel consumption, the changes of price elasticity for gasoline and diesel and the possible effects of the crisis on the regulatory system.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The Effects of the Global Economic Crisis on the Markets for Fossil and Renewable Fuels

The 2008/2009 world economic crisis had significant impact on oil and fuel markets. This crisis has been developed from the meltdown of the American mortgage and financial market and spread throughout the global economy. As each country reacted differently to the crisis, the changes in the fuel market have also shown significant geographic variation. In our present research, the changes of the ...

متن کامل

Impacts of Human Factors on Willingness to Use Renewable Energy Sources in Iran and Morocco

Currently Iran and Morocco are going through an energy transition. Ambitious plans exist at international, regional and national governance levels to deploy renewable energy sources (RES), such as concentrated solar power (CSP) and photovoltaic (PV) solar power. These plans foresee deployment of RES to cover local growing energy needs, to diversify energy supply and to benefit from electricity ...

متن کامل

Identification and green grading of jobs in the renewable energy field of the biomass: A grounded theory study

Background and aims: Fossil fuels Emission and their limited resources make to use renewable energy with more sustainable energy sources and less minimal environmental impacts. One of the most appropriate renewable energies considered lots of advantages including being renewable and environmentally friendly and containing social and economical interests, is Biomass. “Biomass” means a power sour...

متن کامل

Size Optimization of a Solar-wind Hybrid Energy System Using Two Simulation Based Optimization Techniques

Energy is an important fact for a country for both its socio-economic development and economic growth. Main energy source on earth is the fossil fuels. However, the usage of fossil fuels causes global warming whose negative effects have recently been felt by all over the world. Also, because it is limited on earth, increased energy demand and high energy prices increase concerns on fossil fuels...

متن کامل

Economic, Social and Environmental Assessment of Electricity Generation from Renewable and Gas Technologies

Growing demand for electricity and the reduction of fossil fuels have made it essential to consider alternative and renewable energy sources, such as solar and wind, to generate electricity. In this paper, by computing levelized output energy cost and levelized cost of electricity, the prices of electricity generated from the different combined cycle, wind, and photovoltaic power plants are com...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2012