20 minutes of reading


The collection “IFPEN Economic Papers” – formerly « Les Cahiers de l’Économie », since 1990 – aims to present work carried out at IFP Energies nouvelles and IFP School dealing with economics, finance or management of the energy transition. 

Couverture - IFPEN Economic Papers n°160The rise and fall of Neoliberalism: an ecological and regulationist analysis of France (1960-2022)
N° 160 – June 2024   [ RESEARCH ]  
Alban Pellegris, Victor Court

In this article, we enrich Regulation Theory with metrics from ecological economics: thermodynamic efficiency, exosomatic metabolic rate and the weight of energy expenditure relative to GDP. Then, we use this framework to analyze French capitalism since 1960.

Picto PDF Read the article / Download (PDF - 3.4 Mo)  Article in English

Couverture - IFPEN Economic Papers n° 159Decarbonizing China’s iron and steel industry: policy incentives and technological paths
N° 159 – April 2024   [ RESEARCH ]  
Yang Liu, Yuchen Zhang, Xiaoli Zhao, Rongda Zhang and Arash Farnoosh

This article develops a mixed integer programming model to explore how the Chinese iron and steel industry can efficiently manage the simultaneous phasing out of blast furnaces and promotion of advanced steelmaking technologies.

Picto PDF Read the article / Download (PDF - 4 Mo)  Article in English

Couverture - IFPEN Economic Papers n°158Synergistic effect analysis of policy instruments in environmental governance considering the social context
N° 158 – March 2024   [ RESEARCH ]  
Yang Liu, Yuchen Zhang, Arash Farnoosh, Ruoran Ma and Xiaoli Zhao

This article assess the synergistic effects between policy instrument combinations and social contexts in the field of environmental governance in 29 province-level regions in China, from 2006 to 2018. 

Picto PDF Read the article / Download (PDF - 6 Mo)  Article in English

Couverture - IFPEN Economic Papers n°157ORION - Oil and renewables refining industry optimization and synergies
N° 157 – February 2024   [ RESEARCH ]  
Clarissa Bergman-Fonte, Fernanda P. D. C. Guedes, Frédéric Lantz, Pedro R. R. Rochedo and Alexandre Szklo.

This article introduces ORION, a GAMS-based Mixed Integer Linear Programming model designed to optimize the refining sector. ORION addresses not only conventional refinery operations, but also focuses on novel opportunities for integrating the sector into a context of carbon intensity reduction.

Picto PDF Read the article / Download (PDF - 4.1 Mo)   Article in English

Couverture - IFPEN Economic Papers n°156Decarbonizing aviation with sustainable aviation fuels: myths and realities of the roadmaps to net zero by 2050
N° 156 – October 2023   [ RESEARCH ]  
Paul Bardon, Olivier Massol

This paper analyzes the factors influencing present and future sustainable aviation fuels sustainable aviation fuels SAF) market availability – namely resources, technologies, and costs – and attempts to assess the credibility of current SAF development scenarios.

Picto PDF Read the article / Download (PDF - 3.4 Mo)  Article in English

Couverture - IFPEN Economic Papers n°155HERA – Hydrogen economics and infrastructure optimization model
N° 155 – June 2023   [ RESEARCH ]  
Gabriela Nascimento da Silva, Frédéric Lantz, Pedro Rochedo, Alexandre Szklo

The article develops an optimization model of the whole hydrogen value chain, from the H2 production (including water electrolysis and steam reform with and without carbon capture) up to the H2 delivery to consumers via road transportation or pipelines.

Picto PDF Read the article / Download (PDF - 2.1 Mo)  Article in English

Couverture - IFPEN Economic Papers n°154EROI minimum et croissance économique
N° 154 – Mai 2023  [ RECHERCHE ]  
Victor Court, Floriane Fizaine

Après avoir rappelé les concepts d’énergie nette et d’EROI, simples et intuitifs en apparence, nous détaillerons les raisons pour lesquelles l’utilisation de ces notions est difficile en pratique. Nous reviendrons ensuite sur les résultats les plus importants en ce qui concerne le EROI minimum requis pour observer une croissance de l’activité dans une économie moderne. Nous discuterons enfin des notions de croissance, de prospérité et de leurs liens avec l’EROI et la sobriété.

Picto PDF Read the article / Download (PDF  in French - 1 Mo)  Publication en Français

Couverture - IFPEN Economic Papers n°153Modeling CO2 pipeline systems: An analytical lens for CCS regulation
N° 153 – April 2023  [ RESEARCH ]  
Adrien Nicolle, Diego Cedreros, Olivier Massol, Emma Jagu Schippers

Carbon Capture and Storage (CCS) is regularly depicted as a crucial technology to reduce the social cost of achieving carbon neutrality. However, its deployment critically depends on the installation of CO2 infrastructures. As the regulatory procedures governing their provision are yet to be clarified, the purpose of this paper is to assess the social and environmental impacts of such regulations. We show how the engineering equations of a CO2 pipeline implicitly define a Cobb-Douglas production function. 

Picto PDF Read the article / Download (PDF - 1.1 Mo)  Article in English

Couverture - IFPEN Economic Papers n°152Is Power-to-Gas always beneficial? The implications of ownership structure
N° 152 – February 2023   [ RESEARCH ]  
Camille Megy, Olivier Massol

Power-to-gas (PtG), a technology that converts electricity into hydrogen, is expected to become a core component of future low-carbon energy systems. While its economics and performance as a sector coupling technique have been well studied in the context of perfectly competitive energy markets, the distortions caused by the presence of large strategic players with a multi-market presence have received little attention. In this paper, we examine them by specifying a partial equilibrium model that provides a stylized representation of the interactions among the natural gas, electricity, and hydrogen markets.

Picto PDF Read the article / Download (PDF - 2.5 Mo)  Article in English

> Archives of the articles ("Les Cahiers de l'Economie" - 2010 to 2022)

The form and content may still be provisional, in particular to encourage an exchange of views on the subjects covered. The opinions expressed in this collection are those of the authors and do not necessarily reflect the views of IFP Energies nouvelles or IFP School. Neither these institutions nor the authors accept any liability for loss or damage incurred as a result of the use of or reliance on the content of these publications. For any information on the content, please contact the author directly.


Victor COURT

  • Lecturer, Center for Energy Economics and Management (IFP School)