There is a high degree of uncertainty about the impact that a rising GHG concentration can have on our planet temperature and thereby on life conditions. Continued research and the arrival of new information over time can contribute to reduce this uncertainty. Nevertheless, an early action against climate change is necessary to reduce the risks faced by us and future generations, thus mitigating the possibility of serious and hardly repairable changes. In other words we must invest to assure the future. On the other hand, actions against climate change must go hand-in-hand with improvements in energy efficiency and savings in the natural resources.”
Position:
Research Associate
Main Research Line:
Energy Economics, Carbon Markets, GHG Emissions, Real Options and Financial Economics.
Expected Results:
Some results are expected at the end of 2009 and also in the year 2010.
PhD in Economics (University of the Basque Country,2007), industrial engineer (E.T.S. I. University of the Basque Country , 1979), graduate in computer studies (Universidad de Deusto, 1985) and Master in Public Economic (Instituto de Economía Pública University of the Basque Country, 1987).
Member of Internacional Association for Energy Economics (IAEE), Asociación Hispano-Portuguesa de Economía de los Recursos Naturales y Ambientales (AERNA) and Asociación Española de Finanzas (AEFIN).
Publications
Abadie, L.M. and Chamorro, J.M. "Toward sustainability through investments in energy efficiency". Editorial Novapublishers. In book Handbook of Sustainable Energy (ISBN: 978-1-60876-263-7) (forthcoming).
Abadie, L.M. and Chamorro, J.M. ,"Income risk of EU coal-fired power plants after Kyoto ". Energy Policy (forthcoming).
Abadie, L.M. and Chamorro, J.M. (2009), "Impactos económico-financieros de los precios del CO2". Papeles de Economía Española (forthcoming).
Abadie, L.M. (2009), "Valuation of Long-Term Investments in Energy Assets under Uncertainty". Energies 2009, 2(3), pages 738-768.
Abadie, L.M. and Chamorro, J.M. (2009), "The economics of gasification: a market-based approach". Energies 2009, 2(3), pages 662-694.
Abadie, L.M. and Chamorro, J.M. (2009), "Monte Carlo valuation of natural gas investments". Review of Financial Economics 2009, vol. 18, issue 1, pages 10-22.
Abadie, L.M. and Chamorro, J.M. (2008), "European CO2 prices and carbon capture investments". Energy Economics Volume 30, Issue 6, November 2008, pp. 2992-3015.
Abadie, L.M. and Chamorro, J.M. (2008), "Valuing flexibility: the case of an Integrated Gasification Combined Cycle power plant". Energy Economics Volume 30, Issue 4, July 2008 pp. 1850-1881.
Abadie, L.M. and Chamorro, J.M. (2007), "La convergencia de los mercados del gas y la electricidad: un análisis econométrico". Economía Industrial N365, pp. 35-47.
Abadie, L.M. and Chamorro, J.M. (2007), "Coal gasification: the clean option". Power & Energy Technology, Spring, pp. 19-27.
There is a high degree of uncertainty about the impact that a rising GHG concentration can have on our planet temperature and thereby on life conditions. Continued research and the arrival of new information over time can contribute to reduce this uncertainty. Nevertheless, an early action against climate change is necessary to reduce the risks faced by us and future generations, thus mitigating the possibility of serious and hardly repairable changes. In other words we must invest to assure the future. On the other hand, actions against climate change must go hand-in-hand with improvements in energy efficiency and savings in the natural resources.”