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Gone with the wind? : an empirical analysis of the renewable energy rent transfer
Liski, Matti; Vehviläinen, Iivo - 2016
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10011573888
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Simultaneous use of black, green, and white certificates systems : a rather messy business
Amundsen, Eirik Schrøder; Bye, Torstein - 2016
We formulate a model with black, green and white certificates markets that function in conjunction with an electricity market. The markets function well in the sense that a common equilibrium solution exist, where all targets are satisfied (e.g. share of green electricity and share of energy...
Persistent link: https://www.econbiz.de/10011489375
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Green tradable certificates versus feed-in tariffs in the promotion of renewable energy shares
Requate, Tilman - 2014
The paper analyzes the relationship between CO2 mitigation policy and promotion policies designed to deploy renewable energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of high and low carbon use of fossil fuels, deployment...
Persistent link: https://www.econbiz.de/10010468575
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The energy community and the grid
Gautier, Axel; Jacqmin, Julien; Poudou, Jean-Christophe - 2023
Renewable energy communities involve various agents who decide to jointly invest in renewable production units and storage. This paper examines how these communities interact with the energy system and can decrease its overall cost. First, we show that a renewable energy community can contribute...
Persistent link: https://www.econbiz.de/10013536160
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A look upstream : electricity market restructuring, risk, procurement contracts and efficiency
Di Maria, Corrado; Lange, Ian; Lazarova, Emiliya A. - 2014 - This version: November 25, 2014
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … plants. On the other hand, we also find that transaction costs may have increased as a consequence of deregulation. …
Persistent link: https://www.econbiz.de/10010464693
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Who (else) benefits from electricity deregulation? : coal prices, natural gas and price discrimination
Hughes, Jonathan E.; Lange, Ian - 2018
, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … impact of deregulation. This also means policies that change fuel prices can have substantially different effects on …
Persistent link: https://www.econbiz.de/10011936281
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Social learning and solar photovoltaic adoption
Gillingham, Kenneth; Bollinger, Bryan - 2020
A growing literature points to the effectiveness of leveraging social interactions and nudges to spur adoption of pro-social behaviors. This study investigates a large-scale behavioral intervention designed to actively leverage social learning and peer interactions to encourage adoption of...
Persistent link: https://www.econbiz.de/10012249269
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The rise and fall of bioenergy
Hoel, Michael - 2018
If bioenergy has a less negative impact on the climate than fossil energy, it may be optimal to have a significant increase in the use of bioenergy over time. Due to the difference in the way the climate is affected by the two types of energy, the future time path of the use of bioenergy may be...
Persistent link: https://www.econbiz.de/10011819398
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Mobilizing credit for clean energy : de-risking and public loan provision under learning spillovers
Waidelich, Paul; Krug, Joscha; Steffen, Bjarne - 2024
Policymakers regularly rely on public financial institutions and government offices to provide loans for clean energy projects. However, both the market failures that public loan provision addresses and its role in a policy strategy that also features instruments directly addressing...
Persistent link: https://www.econbiz.de/10014533794
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Optimal subsidies for residential solar
Colas, Mark; Saulnier, Emmett - 2023 - This Version: August 2023
We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014284675