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The Performance of U.S. Wind and Solar Generating Units

Schmalensee, Richard - 2013

Government subsidies have driven rapid growth in U.S. wind and solar generation. Using data on hourly outputs and prices for 25 wind and nine solar generating plants, some results of those subsidies are studied in detail: the value of these plants' outputs, the variability of output at plant and...

Persistent link: https://www.econbiz.de/10013074906

Setting with the Sun : The Impacts of Renewable Energy on Wholesale Power Markets

Bushnell, James - 2018

world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has …

Persistent link: https://www.econbiz.de/10012911703

Renewable Energy Policies and Technological Innovation : Evidence Based on Patent Counts

Johnstone, Nick - 2013

This paper examines the effect of environmental policies on technological innovation in the specific case of renewable energy. The analysis is conducted using patent data on a panel of 25 countries over the period 1978-2003. It is found that public policy plays a significant role in determining...

Persistent link: https://www.econbiz.de/10012753707

The Private and Public Economics of Renewable Electricity Generation

Borenstein, Severin - 2011

Generating electricity from renewable sources is more expensive than conventional approaches, but reduces pollution externalities. Analyzing the tradeoff is much more challenging than often presumed, because the value of electricity is extremely dependent on the time and location at which it is...

Persistent link: https://www.econbiz.de/10013117204

The Economics of Renewable Energy

Heal, Geoffrey M. - 2010

Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being aggressively promoted as such by the new U.S. administration and by other governments. Yet there is little economic analysis of renewable energy. This paper surveys what is written and...

Persistent link: https://www.econbiz.de/10013152494

Level Versus Variability Trade-Offs in Wind and Solar Generation Investments : The Case of California

Wolak, Frank - 2016

Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covariance matrix of hourly output and revenues across all wind and solar locations in the state. Annual...

Persistent link: https://www.econbiz.de/10012985578

Investment Versus Output Subsidies : Implications of Alternative Incentives for Wind Energy

Aldy, Joseph E. - 2019

This paper examines the choice between subsidizing investment or output to promote socially desirable production. We exploit a natural experiment in which wind farm developers could choose an investment or an output subsidy to estimate the impact of these policy instruments on productivity....

Persistent link: https://www.econbiz.de/10012889173

Technological Spillover Effects of State Renewable Energy Policy : Evidence from Patent Counts

Fu, Wancong - 2018

We examine the effect of in-state and out-of-state renewable energy policies on wind energy patenting. Using a semiparametric fixed-effects Tobit model, we regress patent counts on a series of policy variables within a state and a spatially weighted average for each of these policies implemented...

Persistent link: https://www.econbiz.de/10012906308

Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?

Baumeister, Christiane - 2017

It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...

Persistent link: https://www.econbiz.de/10012948440

Federal Tax Policy Towards Energy

Metcalf, Gilbert E. - 2007

incentives. In particular, I make a rough calculation of the impact of tax incentives for domestic oil production on world oil … supply and prices and find that the incentives for domestic production have negligible impact on world supply or prices … despite the United States being the third largest oil producing country in the world. Finally, I present results from a model …

Persistent link: https://www.econbiz.de/10012778276

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