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

Schmalensee, Richard - 2013

prices are negative and dramatic differences in capacity factors are discussed …

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

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

Wolak, Frank - 2016

, economically meaningful differences between portfolios on the efficient frontier and the actual wind and solar generation capacity … and solar energy and revenue risk are computed using the actual market portfolio and the risk-adjusted expected hourly …

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

A Generalized Approach to Indeterminacy in Linear Rational Expectations Models

Bianchi, Francesco - 2017

We propose a novel approach to deal with the problem of indeterminacy in Linear Rational Expectations models. The method consists of augmenting the original model with a set of auxiliary exogenous equations that are used to provide the adequate number of explosive roots in presence of...

Persistent link: https://www.econbiz.de/10012953981

Investment in Energy Infrastructure and the Tax Code

Metcalf, Gilbert E. - 2014

Federal tax policy provides a broad array of incentives for energy investment. I review those policies and construct estimates of marginal effective tax rates for different energy capital investments as of 2007. Effective tax rates vary widely across investment classes. I then consider...

Persistent link: https://www.econbiz.de/10013070671

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

The Learning Process and Technological Change in Wind Power : Evidence from China's CDM Wind Projects

Tang, Tian - 2014

reductions in projected costs or as increased capacity factor across CDM wind projects. While we find that a manufacturer's R …

Persistent link: https://www.econbiz.de/10013058277

Climate Tipping Points and Solar Geoengineering

Heutel, Garth - 2015

We study optimal climate policy when climate tipping points and solar geoengineering are present. Solar geoengineering reduces temperatures without reducing greenhouse gas emissions. Climate tipping points are irreversible and uncertain events that cause large damages. We analyze three different...

Persistent link: https://www.econbiz.de/10013014674

Appliance Ownership and Aspirations Among Electric Grid and Home Solar Households in Rural Kenya

Lee, Kenneth - 2016

In Sub-Saharan Africa, there are active debates about whether increases in energy access should be driven by investments in electric grid infrastructure or small-scale “home solar” systems (e.g., solar lanterns and solar home systems). We summarize the results of a household electrical...

Persistent link: https://www.econbiz.de/10012999973

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

Bushnell, James - 2018

renewable expansions. Focusing on the California electricity market, we estimate how wholesale electricity prices have responded … to a dramatic increase in utility-scale solar capacity. While a substantial decline in daily average prices can be … attributed to the solar capacity expansion, this average price impact masks a substantial decrease in mid-day prices combined …

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

The Private Net Benefits of Residential Solar Pv : The Role of Electricity Tariffs, Tax Incentives and Rebates

Borenstein, Severin - 2015

With dramatic declines in the cost of solar PV technology over the last 5 years, the electricity industry is in the midst of discussions about whether to use this low-polluting renewable energy source in grid-scale generation or in distributed generation (DG), mostly with rooftop solar PV....

Persistent link: https://www.econbiz.de/10013019501