More on the historical making of energy flexibility

Here you can find a list of further reading on the topic of the historical making of energy demand and supply. All publications listed are open-access. Our many thanks to Roger Fouquet for compiling this list.

If you have additional sources to contribute, please contact: Carolynne Lord (c.lord@lancaster.ac.uk).

  • Fernihough, A. & O’Rouke, K. (2021) ‘Coal and the Industrial Revolution’, The Economic Journal, 131(635): 1135-1149.
    This paper shows the critical role coal played in regional economic development, especially in Britain, with an emphasis on the importance of the location of energy resources and transport costs in determining where industries formed.
  • Fouquet, R. (2018) ‘Consumer Surplus from Energy Transitions’The Energy Journal, 39(3): 167-188.
    This article measures the net benefits to consumers from energy technologies and transitions, indicating how lives were especially transformed by the introduction of the railways and gas lighting in the nineteenth century.
  • Wright, G. (1990) ‘The Origins of American Industrial Success, 1879-1940’American Economic Review, 80(4): 651-668.
    This paper explains the role of natural resources, particularly coal and oil, and government policies that encouraged the extraction of these resources, played in driving and influencing US economic development.
  • Wrigley, E. (2013) ‘Energy and the Industrial Revolution’, Philosophical Transactions of the Royal Society A, 371: 20110568.
    This piece reviews how changes in the availability of energy sources were critical to the Industrial Revolution, as energy usage increased massively with the use of fossil fuels but also implies limits to economic development.
  • van de Ven, D. & Fouquet, R. (2017) ‘Historical Energy Price Shocks and their Changing Effects on the Economy’Energy Economics, 62: 204-216.
    This article identifies energy price shocks over the last three hundred years, indicating that vulnerability and resilience to shocks did not improve specifically as the economy developed, but instead, that a diversified mix of energy sources reduces vulnerability and increases resilience to energy price shocks.