Abstract
Microeconomic and macroeconomic issues are highly important for the power intensive industry. There is a substantial fixed cost associated with starting operating an aluminum smelter, it is referred to as the threshold cost associated with investments in the industry. Investment of this kind is regarded as being a long-term investment, subject to microeconomic input factors involving the availability and cost of energy and labor. Macroeconomic factors include infrastructure, interest rates and inflation, as well as country membership to trade blocs like the EU, EFTA, or NAFTA affecting trading and investment opportunities.
| Original language | English |
|---|---|
| Title of host publication | Economics and power-intensive industries |
| Subtitle of host publication | SpringerBriefs in applied sciences and technology |
| Publisher | Springer Verlag |
| Pages | 5-17 |
| Number of pages | 13 |
| Edition | 9783319129396 |
| ISBN (Electronic) | 978-3-319-12940-2 |
| ISBN (Print) | 978-3-319-12939-6 |
| DOIs | |
| Publication status | Published - 2014 |
Publication series
| Name | SpringerBriefs in Applied Sciences and Technology |
|---|---|
| Number | 9783319129396 |
Bibliographical note
Publisher Copyright: © 2014, The Author(s).UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 5 Gender Equality -
SDG 6 Clean Water and Sanitation -
SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure -
SDG 10 Reduced Inequalities -
SDG 13 Climate Action
Other keywords
- Controlling stock
- EEA
- EFTA
- EU
- Economies of scale
- Endowment
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