Path dependence in energy systems and economic development

By R. Fouquet. Nature Energy, 2016

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Low‐carbon transition risks for finance (2020, background): “Technological trajectories can also influence policy by opening up policy space through newly affordable alternatives (Schmidt & Sewerin, 2017) and closing it down through path dependencies (Fouquet, 2016).”
The Role of Hydrocarbons in the Global Energy Agenda: The Focus on Liquefied Natural Gas (2020, background): “Technological transformations, especially within such a key area as the energy sector, go hand in hand with the transition to a new technological order, which is a very long-term process that may take up to several decades [42].”
Historical energy transitions: Speed, prices and system transformation ☆ (2016, background): “Larger and more concentrated energy firms and industries are likely to exert more pressure on governments to protect their dominant position (Fouquet 2016a).”
Financial de-risking to unlock Africa's renewable energy potential (2019, background): “Successful deployment of sustainable practices in developing economies requires careful long-term planning and informed decisionmaking [16].”