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Power to the PeopleEnergy in Europe over the Last Five Centuries$
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Astrid Kander, Paolo Malanima, and Paul Warde

Print publication date: 2014

Print ISBN-13: 9780691143620

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691143620.001.0001

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PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 27 June 2022

Definitions and Concepts

Definitions and Concepts

(p.17) Chapter Two Definitions and Concepts
Power to the People

Malanima Paolo

Astrid Kander

Paul Warde

Princeton University Press

This chapter defines some important concepts that are used in the book and which are relevant to energy in the economic context. It first considers energy consumption in the economic sense; here energy is defined as the capacity to perform work, useful for human beings, thanks to changes in the structure of matter or its position in space. The use of energy by humans has an opportunity cost, meaning that the time and resources allocated to using this energy could have been used differently. In the economic sense, energy consumption entails both private and social costs. The chapter proceeds by discussing primary sources of energy as opposed to secondary energy carriers; power; thermodynamic efficiency and energy productivity; the determinants of energy productivity; energy intensity; macro-, meso-, and micro-innovations; development blocks; market widening and market suction; energy expansion and energy saving; and dematerialization of growth.

Keywords:   energy, energy consumption, power, thermodynamic efficiency, energy productivity, energy intensity, development blocks, market widening, market suction, energy expansion

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