The transport sector is at the center of discussions on accelerating the energy transition due to its still increasing contribution to greenhouse gas emissions worldwide; therefore, the EU has set binding targets for the use of renewable energy in transport through the Renewable Energy Directive....

The importance of new and renewable energy has been drawing atten-tion since the Paris Climate Agreement was adopted in 2015. The Paris Agreement aims to keep the average temperature rise below 2°C com-pared to the pre-industrialization era and to limit the future temperature rise to 1.5°C or...

This paper studies behavioural responses to a discontinuous (‘notched’) revenue scheme for renewable energy production, in which support the scheme depends on the installed capacity. We present a simple model demonstrating that this discontinuous revenue function causes capacity bunching...

This study develops a theoretical framework that differentiates the shares of electricity generation between two types of renewables, solar and wind, and evaluates the impacts of technology-neutral and technology-specific renewable energy policies on state-level solar and wind deployments. Our...

Pigouvian subsidies are efficient, but subsidies with limited durations are not Pigouvian. When using "time-limited" output subsidies, the optimal policy subsidizes output and investment, where investment subsidies separately correct for the limit. Because the change in production when the...

The escalating global demand for energy has prompted developing nations such as India to transition from conventional energy sources to renewable energy technologies (RETs) in order to mitigate the existing energy demand. The key objective of deploying renewable energy in India is to promote...

This study investigates the impact of environmental technological innovation, economic complexity, energy productivity, the use of renewable electricity generation, and environmental taxes on CO2 emissions in the G-10 countries for the timeframe from 1995 to 2020. The purpose of the study is to...

Despite a 30-year long history, Renewable Portfolio Standards (RPS) remain controversial and debates continue to surround their efficacy in leading the low-carbon transition in the electricity sector. Contributing to the ongoing debates is the lack of definitive causal evidence on their impact...

Renewable Portfolio Standards (RPS) in the United States are politices designed to increase the usage of renewable inputs for electrical power generation. Prior literature (Fu et al 2018) has measured the effect of these policies on generating innovation in related technologies, finding no...