Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards … (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We …-intermittent ("dispatchable") renewable sources and the degree of intermittency. Our three extensions investigate key assumptions. We prove …

when renewable energy share reaches 52% and expected capital costs are $259/kWh. While the competitive market will install …

Growing amounts of intermittent renewable generation capacity substantially increases the complexity of determining …

Electric vehicles (EVs) powered by renewable electricity are a centerpiece of efforts to decarbonize transportation. EV …

Effective and economical expansion of renewable energy is one of the most urgent and important challenges of addressing … renewable supply. In this paper, we study the static and dynamic impacts of market integration on renewable energy expansion … dynamically, it incentivizes new entry of renewable power plants. Using two recent grid expansions in the Chilean electricity …

can decrease renewable capacity; cheaper renewables can increase carbon emissions; and an increase in electricity demand … (e.g., electrification) can decrease emissions. We calibrate the model using 2019 hourly data on demand and renewable … emissions. Given a modest decarbonization goal, a renewable subsidy performs better than a nuclear subsidy, but this ranking is …

Policies supporting investment in renewable electricity have been a cornerstone of climate policy in many parts of the … world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has … exclusively been on the short-run impacts of expanding renewable supply. In this paper, we shed light on the longer run impacts of …

We examine the effect of in-state and out-of-state renewable energy policies on wind energy patenting. Using a … find important differences across policy types. For renewable portfolio standards, overall demand matters. Policies in …