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What is Understanding Energy Economics Basics about?

This document discusses key concepts in energy economics. It defines economics as dealing with production, distribution, and consumption of scarce resources, and defines energy economics as applying those concepts specifically to energy resources. It outlines issues related to energy production, distribution, and consumption. It then describes the sequential steps taken in economic appraisal of energy projects, including establishing boundaries, identifying resource flows, quantifying costs and benefits, an

Author

Siddhartha Vardhan

Language

EN