EEC energy policy and the UK:the Birmingham energy model

Tzoannos, J., Vaidya, Kirit and Soldatos, P.G. (1979). EEC energy policy and the UK:the Birmingham energy model. Energy Economics, 1 (3), 180–187.

Abstract

This paper examines the implications of the EEC common energy policy for the UK energy sector as represented by a long-term programming model. The model suggests that the UK will be a substantial net exporter of energy in 1985 and will therefore make an important contribution towards the EEC's efforts to meet its import dependency target of 50% or less of gross inland consumption. Furthermore, the UK energy sector could operate within the 1985 EEC energy policy constraints with relatively low extra cost up to the year 2020 (the end of the period covered by the model). The main effect of the constraints would be to bring forward the production of synthetic gas and oil from coal.

Publication DOI: https://doi.org/10.1016/0140-9883(79)90050-1
Divisions: Aston Business School > Economics finance & entrepreneurship
Published Date: 1979-07
Authors: Tzoannos, J.
Vaidya, Kirit
Soldatos, P.G.

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