Journal
ENERGY ECONOMICS
Volume 32, Issue 3, Pages 616-626Publisher
ELSEVIER
DOI: 10.1016/j.eneco.2010.01.012
Keywords
Economic development; Electricity mix; Energy; Substitution; Transition
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This paper presents evidence on a national-level electricity ladder which sees countries transition toward coal and natural gas, and finally nuclear power and modern renewables such as wind power, for their electricity needs as they develop. The extent to which countries climb the electricity ladder is dependent on energy endowments. The results imply that the environmental implications of economic development differ in countries with different energy resource endowments. An effective global carbon mitigation strategy will require developing countries to leapfrog the middle rungs of the electricity ladder. (C0 2010 Elsevier B.V. All rights reserved.
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