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, 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/10012456183
prices are negative and dramatic differences in capacity factors are discussed …
Persistent link: https://www.econbiz.de/10012459154
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility-scale wind and solar parks on employment, GDP and public finances in Brazilian municipalities using a difference-in-differences design with matching. We find a positive employment...
Persistent link: https://www.econbiz.de/10014512128
can significantly increase completions. An alternative queuing mechanism can therefore increase completed capacity by …
Persistent link: https://www.econbiz.de/10014447267
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/10012455161
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/10012463220
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 output subsidy to estimate the impact of these instruments on productivity. Using...
Persistent link: https://www.econbiz.de/10012453336
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/10012458744
We use restricted-access, geocoded data on the near-universe of workers in 23 U.S. states in order to quantify the impact of wind energy development on local earnings and employment, by race, ethnicity, sex, and educational attainment. We find the largest relative impacts for workers without a...
Persistent link: https://www.econbiz.de/10014337841
Solar power is now economically competitive with fossil fuels in many countries, yet relatively few homeowners have installed solar panels on their property. A principal reason for this behavior stems from cognitive biases--such as myopia, inertia and herding--that cause consumers to avoid...
Persistent link: https://www.econbiz.de/10012510556