Tue, May


Author: Arezki,Rabah ; 
Document Date: 2019/05/20 11:27:00
Document Type: Policy Research Working Paper
Report Number: WPS8858
Volume No: 1
Country: World ; 
Disclosure Date: 2019/05/20 11:24:24
Doc Name: The Economics of Sustainability : Causes and Consequences of Energy Market Transformation
Keywords: oil; technological change; energy market; Securities and Exchange Commission; marginal cost of production; early stage of development; total primary energy consumption; government transfer; oil and gas company; oil price collapse; price of oil; oil sector; learning by doing; current account deficit; oil price decline; barrel of oil; fossil fuel production; renewable energy resource; fossil fuel reserve; attitudes toward innovation; Oil & Gas; natural gas industry; cost of capital; number of patents; global energy mix; global surface temperature; renewable energy source; source oil; public sector revenue; increased oil prices; layers of rock; lower oil price; global oil supply; natural resource curse; capital of state; impact on price; energy market development; high oil price; minister of finance; greenhouse gas emission; development of technology; state owned enterprise; fossil fuel producer; initial public offering; resource rich countries; corporate governance structure; hard budget constraint; global energy market; source of energy; solar power plant; compressed natural gas; alternative fuel vehicle; forms of energy; flow of fund; natural resource governance; fossil fuel price; shale oil; recovery technique; cost structure; stranded asset; technological innovation; Global Warming
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Language: English
Region: The World Region ; 
Rep Title: The Economics of Sustainability : Causes and Consequences of Energy Market Transformation
Topics: Science and Technology Development ; Health, Nutrition and Population ; Social Development ; Industry ; Environment ; Rural Development ; Law and Development ; Energy ; Public Sector Development ; Governance ; International Economics and Trade
SubTopics: Energy and Mining ; Energy Demand ; Energy and Environment ; Public Sector Administrative and Civil Service Reform ; State Owned Enterprise Reform ; Public Sector Administrative & Civil Service Reform ; Economics and Finance of Public Institution Development ; Democratic Government ; De Facto Governments ; Climate Change and Health ; Climate Change and Environment ; Science of Climate Change ; Legal Products ; Common Property Resource Development ; Regulatory Regimes ; Legal Reform ; Judicial System Reform ; Legislation ; Real & Intellectual Property Law ; Intellectual Property Rights ; Social Policy ; Oil Refining & Gas Industry
Unit Owning: Off of Sr VP Dev Econ/Chief Econ (DECVP)
Collection Title: Policy Research working paperno. WPS 8858
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The paper deals with the economics of sustainability associated with the transformation of energy markets. It emphasizes the interrelations between technical changes and energy markets and how in turn the resulting transformations alter the sustainability of economic systems that are dependent on these markets. It also explores how innovation (or the lack thereof) is intimately linked to the ability of energy rich economies to adapt and transform. The agenda is especially relevant for oil rich countries that have announced or already put in place policies to help transform their economies and move away from dependence on oil. The agenda is also relevant for the global community, as it relates to the economic consequences of the needed transformation of energy markets to support the goal of limiting global warming by reducing greenhouse gas emissions.


Complete Report

Official version of document (may contain signatures, etc)
Click here to see PDF filePDF  18 pages Official Version 0.44 (approx.)
Click here to see text fileText Text Version*
Read more: The Economics of Sustainability...


This paper examines the growth effects of different dimensions of international trade integration -- notably, volume, diversification, and natural resource dependence -- in Sub-Saharan Africa. First, the paper documents the recent trends in these foreign trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade integration on growth per worker and the sources of growth; that is, growth of capital per worker and total factor productivity growth. To accomplish this task, the analysis uses a sample of non-overlapping five-year period observations for 173 countries from 1975 to 2014. The econometric evidence shows that increased trade openness, greater export production diversification, and reduced export dependence from natural resources will have a positive causal impact on economic growth. These effects will be mainly transmitted through faster capital accumulation or enhanced total factor productivity growth. Finally, the paper finds that, despite the progress exhibited in trade openness and diversification over the past decade, there are still potential benefits that can be accrued if countries were to deepen their integration to world trade.
Read more: Trade Integration and Growth...

| Source: Terrestrial Energy Inc.

OAKVILLE, Ontario, May 15, 2019 (GLOBE NEWSWIRE) -- Terrestrial Energy today announced the addition of Ontario Power Generation to its Nuclear Innovation Working Group. The working group is advising Terrestrial Energy during Phase 2 of its Vendor Design Review program, which is currently in progress, and on the development and deployment of its Integral Molten Salt Reactor (IMSR) power plant. The group consists of many leading members of the Canadian and international nuclear supply chain and industry.

The expanded group now consists of the following companies and their representatives:

  • Ontario Power Generation, Dominique Minière, President of Nuclear
  • Bruce Power, Michael Rencheck, President and CEO
  • Burns & McDonnell, Glenn Neises, Nuclear Director
  • SNC-Lavalin, EVP and Candu Energy, President and CEO, William (Bill) A. Fox III
  • Corporate Risk Associates Limited, Jasbir Sidhu, CEO
  • Kinectrics, David Harris, President and CEO
  • Laker Energy Products, Christopher Hughes, President and CEO
  • Promation, Mark Zimny, President and CEO
  • Sargent & Lundy, Michael J. Knaszak, Senior Vice President and Project Director

“We are pleased to welcome Dominique Minière and Ontario Power Generation to the Nuclear Innovation Working Group. Ontario Power Generation has decades of experience of safe and efficient nuclear power plant operation. It is an industry pioneer and is focused today on the future of nuclear power provision,” said Simon Irish, CEO of Terrestrial Energy. “Their expertise brings market-proven capabilities to our engineering, regulatory and testing programs.”

“OPG is looking to the future of nuclear generation including the transformative capabilities of Generation IV reactor systems, designed to provide reliable, carbon-free electricity,” said Dominique Minière, President of Nuclear at OPG. “We are pleased to be working with Terrestrial Energy, an industry leader in Generation IV technology, to share our experience and expertise with engineering and regulatory programs, as they work towards bringing the company’s IMSR power plant technology to Canadian markets.”

About OPG

Ontario Power Generation (OPG) operates a diversified generation portfolio with an installed capacity of 16,295 MW, comprised of nuclear, hydroelectric, thermal, and solar power. Through our facilities, OPG generates clean, reliable and low-cost energy, delivering about 50 per cent of Ontario’s electricity. More than 90 per cent of this power is free of smog and carbon emissions.

About Terrestrial Energy

Terrestrial Energy is a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. IMSR technology represents true innovation in cost reduction, versatility and functionality of nuclear power plants. IMSR power plants will provide zero-carbon, reliable, dispatchable, cost-competitive electric power and high grade industrial heat for use in many industrial applications, such as chemical synthesis and desalination, and in so doing extend the application of nuclear energy far beyond electric power markets. They have the potential to make important contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum. Using an innovative design, and proven and demonstrated molten salt reactor technology, Terrestrial Energy is engaged with regulators and industrial partners to complete IMSR engineering and to commission first IMSR power plants in the late 2020s.

Jarret Adams
Terrestrial Energy
Phone: (202) 815-9234
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Brian Smith
Terrestrial Energy
Phone: (416) 822-3130
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.terrestrialenergy.com
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Social Media
Facebook:        TerrestrialMSR
Twitter:             TerrestrialMSR
YouTube:          Terrestrial Energy
LinkedIn:          TerrestrialEnergy

Read more: Ontario Power Generation joins Terrestrial...


Document Date: 2019/05/01 10:18:01
Document Type: Working Paper
Report Number: 136895
Volume No: 1
Country: Africa ; 
Disclosure Date: 2019/05/14 10:16:15
Doc Name: The Power of Dung : Lessons Learned from On-Farm Biodigester Programs in Africa
Keywords: biogas; Savings and Credit Cooperative; energy sector management assistance; Chronic Obstructive Pulmonary Disease; combustion of biomass fuel; country case study
Language: English
Rel. Proj ID: 3A-Integrating Biodigesters For Cooking Into Small Farm Activities -- P164656 ; 
Region: Africa ; 
Rep Title: The Power of Dung : Lessons Learned from On-Farm Biodigester Programs in Africa
Topics: Industry ; Agriculture ; Water Resources ; Energy
SubTopics: Energy Demand ; Energy and Mining ; Energy and Environment ; Health Care Services Industry ; Food Security ; Hydrology ; Energy Policies & Economics
TF No/Name: TF0A6168-Integrating Biodigesters for Cooking into Small Farm Activities
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Over half the world’s population cooks primarily with wood, charcoal, coal, crop waste, or dung. This share is currently increasing or stagnant in most regions. Dependence on solid fuels is one of the world’s major public health challenges, causing more premature deaths than HIV/AIDS, malaria, and tuberculosis combined. The use of solid fuels and stoves also imposes significant economic costs on societies that can least afford them and contributes to adverse environmental and climate change effects. Traditionally the area of improving access to modern energy services has fallen in the realm of energy experts. However, a new study conducted by the World Bank between 2017-2019 asks the question: Does Agriculture have a role to plan in improving access to modern cooking services? The report: “The Power of Dung: Lessons Learned from On-Farm Biodigester Programs in Africa” examines on-farm biodigester programs in selected countries in Africa and examines the success factors of the programs. One of the report’s most important findings is that reframing the promotion of biodigesters from one providing clean cooking solutions (energy) to one providing improved fertilizers (agriculture) increases the attractiveness of the solutions among farmers.


Complete Report

Official version of document (may contain signatures, etc)
Click here to see PDF filePDF  108 pages Official Version 1.94 (approx.)
Click here to see text fileText Text Version*

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  • See documents related to the project(s)
Read more: The Power of Dung Lessons Learned...

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