Energy is integral to the economy.  Industry relies on power to produce goods and services and move them from place to place.  People depend on affordable and readily available energy in order to live and work.

Effective energy policy is a key tool in the battle against climate change as economies are compelled to move away from fossil fuel-based energy to a low- and zero- carbon system.  However, while the world is still largely fossil fuel dependent, energy will remain a critical geopolitical issue as the centres of fossil fuel production and consumption fluctuate over time.

You need to understand the range of impacts of energy policy under different scenarios on greenhouse gas emissions, jobs, energy prices and the wider economy.  We can advise on the effectiveness of different levels of ambition in the transition to low- and zero-carbon, as well as the impact of the transition on economies which are reliant on fossil fuel production.

Some challenging questions we can help you answer:

Our Energy work

Oil dependency in the EU

Oil Dependency in the EU for Transport & Environment assesses the EU-27’s oil dependency and the risks associated with imported oil, building on previous analysis carried out in 2016 and 2018 (see below). The report comprises two parts: a review of historical data on oil...

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Working towards a climate neutral Europe: jobs and skills in a changing world

Working towards a climate neutral Europe: jobs and skills in a changing world is a flagship publication by CLG Europe.  CLG Europe, a membership group of leading businesses including Sky, Coca-Cola and Unilever, whose secretariat is provided by the University of Cambridge Insti...

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Economic impacts of an energy from waste facility

Economic impacts of a new energy from waste facility assessed the economic contribution of Amey’s proposed waste management plant at Waterbeach, Cambridgeshire. It assessed how the direct footprint of the site creates value added and jobs through supply chains, both in the l...

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Renewable energy generation: the impact on the global economy (for IRENA)

A series of projects has looked at the potential socioeconomic impact on the global economy of potential large-scale deployments of renewable energy generation technologies. The research has delivered high-level and detailed regional assessments of the impacts on the economy, ...

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EU Carbon Leakage List post-2020

Cambridge Econometrics supported the European Commission to determine the post-2020 Carbon Leakage List. The Carbon Leakage List contains a number of (sub-)sectors which are deemed to face the risk of carbon leakage due to the EU Emission Trading System (ETS). This is signi...

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Energy scenario: employment implications of the Paris Climate Agreement

For Eurofound, the European Foundation for the Improvement of Living and Working Conditions (an agency of the European Union), Cambridge Econometrics prepared projections for the number and type of jobs that could be available in Europe in 2030 if the Paris Climate Agreement were...

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Study on energy prices, costs and subsidies and their impact on industry and households

As part of the EC’s commitment to present an analysis on energy prices and costs every two years, this study, carried out in collaboration with Trinomics, Enerdata and LBST, directly fed into the third energy prices and costs report in 2018, and updated and extended the an...

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York, North Yorkshire and East Riding (YNYER): a study on low carbon value chains and economic growth

Cambridge Econometrics, in collaboration with Element Energy, identified the low carbon energy technologies and associated value chains that exist in the York, North Yorkshire and East Riding (YNYER) area and assessed the existing and potential economic value the low carbon value...

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E3-Thailand: an Energy-Environment-Economy model of Thailand

E3-Thailand is freely available under licence for academic use and can be downloaded here. E3-Thailand is a dynamic macro-econometric simulation model, developed as a tool for policy analysis in Thailand.  It covers 70 economic sectors, 24 energy users and 5 different fuel ty...

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New Climate Economy: unlocking the inclusive growth story of the 21st Century

We provided empirical inputs to the New Climate Economy 2018 Global Commission Report "Unlocking the Inclusive Growth Story of the 21st Century". The aim of the modelling exercise was to illustrate examples of policies that can simultaneously promote economic growth and reduce...

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Fuelling Italy’s future

“Fuelling Italy’s Future: How the transition to low-carbon mobility strengthens the economy” shows that the transition to low and zero carbon vehicles in Italy will lead to a larger economy. According to the report, the transition has a net positive impact on employment,...

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Reviewing the impact of the low-carbon mobility transition on jobs

We carried out this review of the drivers of the impact on jobs from the transition to low-carbon cars and vans in Europe.

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Trucking into a greener future

We carried out, with external review from Element Energy and the International Council on Clean Transportation, a research project assessing the economic impact of a transition to low- and zero-carbon technologies in the road freight segment across Europe. The project was comm...

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Macroeconomic impact of stranded fossil fuel assets

Macroeconomic impact of stranded fossil fuel assets, a major global study finds that rates of technological change in energy efficiency and renewable power are likely to cause a sudden drop in demand for fossil fuels, with major implications for the global economy. The study, ...

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Fuelling Europe’s Future

We carried out a research project to assess the economic impact of decarbonising cars and vans across Europe.

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Charging Poland – the electrification of Polish road transport

The electrification of Polish road transport is one of the Polish government’s most important economic priorities. The 'Charging Poland' report aims to present the possible scenarios and expected macroeconomic effects related to the electrification of the road transport sect...

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Low carbon cars in Germany

We carried out a research project to assess the economic impact of decarbonising passenger cars in Germany. The project, which was commissioned by the European Climate Foundation, was undertaken in collaboration with Element Energy and M-FIVE, informed by a core working group of ...

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Competitiveness impacts of carbon policies on UK energy-intensive industrial sectors to 2030

Competitiveness impacts of carbon policies on UK energy-intensive industrial sectors to 2030 aimed to support the UK Committee on Climate Change (CCC) with its ongoing assessment of the impact of low carbon policies on energy prices and bills. The study also looked at the comp...

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Oil market futures

The European Climate Foundation asked us to investigate the economic effects of reducing transport-related CO2 emissions.

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Energy blog posts

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For more information on our work in Energy, contact:

Jon Stenning Associate Director js@camecon.com