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 …

surround their efficacy in leading the low-carbon transition in the electricity sector. Contributing to the ongoing debates is … provides the most detailed analysis to date of the impact of RPSs on renewable electricity capacity investments and on … for wind and solar electricity generation mimic those for capacity investments. We also find similar results using an …

This paper examines the effect of environmental policies on technological innovation in the specific case of renewable …

for pollution externalities. If overall demand for electricity is more elastic than our baseline (0.1), renewable energy …

electricity generators that extends moment-based Markov equilibrium. To recover annual profits, we develop estimators for ramping …

literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …

. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial …