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The idea for this book came up in 2013 when I attended a workshop in Aberdeen on renewable energy in the U.K organized under the auspices of the Energy Institute.
This was a time oil prices were already on its upward journey and concerns about the security of energy supply were becoming a common man issue.
It occurred to me that despite the great interest in understanding the common energy problems around us, there is a lack of critical appreciation of the problem and its inter-linkages with other issues.
While the interest in the field of energy studies has seen a tremendous growth over the past decades, there is a serious gap in terms of a holistic understanding of the energy problems around us.
That workshop clearly demonstrated that the economic concepts that are relevant to the energy industry are poorly understood by researchers of inter-disciplinary background and policy makers.
Most of the content of the book is accessible to persons of non-energy background.
The economic concepts have also been explained in simple terms, often using graphical presentations and tabular forms for easy understanding.
I have added some materials and have provided references for further reading
Thomas T Kansuk is a multidisciplinary researcher and lecturer in energy management at the Blue Crest University College in Accra, Ghana.
He holds MSc Energy Studies with Specialisation in Oil and Gas Economics from the University of Dundee, United Kingdom and Integrated Development Studies from University for Development Studies, Tamale, Ghana.
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