Wind farm

Economics Energy economics

Energy is critically important to the modern global economy. New sources of energy supplies are essential to tackle global warming, keep the lights on and enable production. The price of energy impacts on domestic competitiveness, on living standards and on fuel poverty, while new technologies can be a major driver of sustainable development.

Our research team

The Department of Economics has a wide range of expertise in energy economics, reflected in the following staff:

The department currently holds a multi-million pound portfolio of multi-disciplinary, multi-institutional, externally-funded research projects in energy fields from prestigious sources, including the Scottish Government, EPSRC, ESRC, EU and the TSB.

The research group also includes three PhD students and a postdoctorate research fellow and is a key part of teaching through, in particular, the MSc Global Energy Management (GEM), and our contribution to two EPSRC Centres of Doctoral Training. Research strengths in this area will shortly be significantly augmented through the new Centre for Energy Policy.

Areas of research

Our researchers have interests in the following fields:

  • energy-economy-environmental modelling
  • energy efficiency
  • local, regional and national impacts of new renewable technologies
  • carbon markets and environmental standards
  • sustainable cities
  • energy policy and regulation
  • the economics of climate change
  • environmental policy and accounting