Select Page

EROI and theories of value

EROI and theories of value Conventional economists’ rejection of EROI Conventional economists usually reject net-energy analysis. The assumption is that the price system embeds all the energy and non-energy costs, and therefore there is nothing to be gained by a...

The social contract of electricity service

The social contract of electricity service In an address to a group of British engineers in 1892, Hopkinson articulated many of what we would now identify as contemporary problems faced by electricity regulators. Hopkinson explored the issue of fixed versus variable...