Photo Emmanuel Hache

EMMANUEL HACHE

DIRECTEUR(TRICE) DE RECHERCHE

Research interests

  • arrow_right Energie
  • arrow_right Matières premières
  • arrow_right Asie

Research group

    Macroéconomie internationale, finance, matières premières et économétrie financière
2024-3

Evaluating criticality of strategic metals: Are the Herfindahl–Hirschman Index and usual concentration thresholds still relevant?

Pauline Bucciarelli, Emmanuel Hache, Valérie Mignon

Abstract
This paper aims to evaluate the criticality of strategic metals by (i) investigating the validity of the Herfindahl-Hirschman Index (HHI) for assessing the supply risk aspect of criticality and (ii) determining an appropriate threshold for using this indicator in the context of criticality studies. Relying on a large panel of 33 strategic metals over the 1995-2021 period, our findings show that the variation of HHI has more impact on metal prices at lower HHI levels and question the existence of a threshold that clearly distinguishes high-risk markets from less risky ones based on their concentration levels. Overall, we show that using the HHI as a supply risk indicator, especially in conjunction with a threshold, may result in underestimating risks in less concentrated markets.
Mot(s) clé(s)
Strategic metals; Criticality; Herfindahl–Hirschman Index; Metal prices; Panel regression
2019-28

Determinants of investments in solar photovoltaic: Do oil prices really matter?

Margaux Escoffier, Emmanuel Hache, Valérie Mignon, Anthony Paris

Abstract
This paper investigates the determinants of solar photovoltaic (PV) deployment in the electricity mix for a panel of OECD and BRICS countries from 1997 to 2016 by paying particular attention to the impact of oil market conditions. Relying on a nonlinear, regime-switching specification, we show that rising oil prices stimulate PV deployment only if their growth rate is important, above 6.7%. Although we find that various other determinants matter—with the influence of some of them depending on the situation on the oil market—public policies play a crucial role. In particular, our findings show that feed-in-tariffs should be encouraged to ensure a continuous fight against climate change, whatever the dynamics followed by oil prices.
Mot(s) clé(s)
Solar photovoltaic; Renewables deployment; Oil prices; Panel smooth transition regression
2018-45

The nexus between climate negotiations and low-carbon innovation: a geopolitics of renewable energy patents

Clément Bonnet, Samuel Carcanague, Emmanuel Hache, Gondia Sokhna Seck, Marine Simoën

Abstract
Intellectual property is a central issue in the climate negotiations. On the one hand, it shapes and encourages innovation in low-carbon technologies. On the other hand, it reduces access to these technologies by giving patent holders market power. We analyze the interactions between climate negotiations and the acquisition of patents on renewable energy technologies. First, we recall the geopolitical nature of intellectual property and explain how it is modified by the particularities of low-carbon innovation. The second part of this article is devoted to an inventory of the production of inventions in renewable energy technologies (RETs). In particular, we focus on the relative technological advantages of countries and the value of patented inventions. Major changes are observed in the geographical distribution of low-carbon innovation during the 2000s and they foreshadow a reorganization of the geopolitical balances of innovation in renewable energies.
Mot(s) clé(s)
Patent data, energy transition, renewable energy technology, innovation, international relations
2018-50

Renewable energy source integration into power networks, research trends and policy implications: A bibliometric and stakeholders survey analysis

Emmanuel Hache, Angélique Palle

Abstract
This article studies the integration of variable renewable energy sources (RES) into power networks. The main goal is to confront the contents and trends of scientific literature with the eyes and projects of researchers on future topics and issues to be solved, especially in terms of modeling of electrical systems. The analysis relies on a bibliometric study of the Scopus database on the topic and on an online survey sent to the corresponding authors of the identified papers. The paper analyses the dynamics of publication, clusters of collaboration and main studied topics. It then identifies potential research leads, among which unresolved challenges regarding technical aspects, markets and financing issues and social aspects. The paper concludes on the policy implications of the mentioned results. The disparity of models and results is still a necessary evil as research is not mature enough to integrate in one model all the very complex parameters of VRE integration into power systems. Some recurring lacks though, such as the impact of emergent technologies or the development of substitute low carbon emitting technology (other than solar and wind), need to be addressed. The paper also advocates the need for a systemic vision, for both research and policy makers that goes beyond the sole power system.
Mot(s) clé(s)
Variable renewable energy, bibliometric analysis, scenario, survey, power network, policy
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