Equipamentos Opinião

Purchasing Power Parity: A Critical Neglected Factor in Energy Cost Estimates

Highlights: Energy costs for different countries are generally reported in nominal terms. It turns out that purchasing power parity (PPP) adjustments make costs between countries more comparable. This adjustment is very important when trying to determine global average costs of different energy technologies. Introduction Purchasing power parity (PPP) is an important concept in economics. It […]