Modelling energy transition risk: The impact of declining energy return on investment (EROI)

Andrew Jackson and Tim Jackson

Ecological Economics, 2021, vol. 185, issue C

Abstract: A number of papers in the field of net energy analysis have argued that declines in energy return on investment (EROI) could lead to increasing energy prices and a fall in economic growth. This paper develops a model (TranSim) which can simulate the economic and financial implications of an energy technology transition involving a reduction in EROI, by combining the stock-flow consistent (SFC) approach with an input-output (IO) model.

Keywords: Energy return on investment; Energy transition; Input-output modelling; Net energy analysis; Stock-flow consistent modelling; Transition risk (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:185:y:2021:i:c:s0921800921000811

DOI: 10.1016/j.ecolecon.2021.107023

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