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Economics of Non-renewable Energy Supply

  • Subhes C. BhattacharyyaEmail author
Chapter

Abstract

This chapter provides an introduction to the economic concepts related to fossil fuel supply. The chapter presents a typical chain of activities in the fossil fuel supply, namely exploration, development and production and discusses the relevant economic decision-making issues for each activity. It also considers the influence of government intervention on the investment decisions through fiscal instruments.

Keywords

Exploration Production Development Resources and reserves Rent Investment decisions 

Supplementary material

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  6. World Coal Institute. (2005). The coal resource: A comprehensive overview of coal. London: World Coal Institute.Google Scholar

Copyright information

© Springer-Verlag London Ltd., part of Springer Nature 2019

Authors and Affiliations

  1. 1.Institute of Energy and Sustainable DevelopmentDe Montfort UniversityLeicesterUK

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