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marginal value of electricity from renewables. Then we estimate the optimal share of wind and solar power in Northwestern …
Persistent link: https://www.econbiz.de/10010328669
average electricity price remains constant. This work quantifies the effect of variability on the market value of renewables … consumption. For solar power, the drop is even sharper. Hence competitiveness for large-scale renewables deployment will be more …
Persistent link: https://www.econbiz.de/10010282977
renewables support transfers wealth from producers to consumers, carbon pricing does the opposite. More specifically, we show …
Persistent link: https://www.econbiz.de/10010294320
We develop an endogenous growth model with capital, labor and energy as production factors and three productivity variables that measure accumulated innovations for energy production, energy savings, and neutral growth. All markets are complete and perfect, except for research, for which we...
Persistent link: https://www.econbiz.de/10011324999
We develop an economic model for fossil-fuel and carbon-free energy supply and demand with capital and labor as production factors, and endogenous technological change through learning by research and learning by doing. We use the model to study inter-temporally efficient carbon taxes for...
Persistent link: https://www.econbiz.de/10011325009
We develop a partial one-sector model with capital, natural resources, and labor as production factors, and endogenous technological change through research. Production exhibits increasing returns to scale. We compare the response of output and resource use to a change in resource prices with...
Persistent link: https://www.econbiz.de/10011325034
We develop an economic partial equilibrium model for energy supply and demand with capital and labor as production factors, and endogenous technological change through learning by research and learning by doing. Our model reproduces the learning curve typical for (bottom-up) energy system...
Persistent link: https://www.econbiz.de/10011325111
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010328696
In creating a level playing field that facilitates the deployment of renewable energy technology (RET), the traditional energy policy regime based on eliminating RET’s cost gaps versus fossil energy technology (FET) may be not sufficient. Building on an economic model of energy technology...
Persistent link: https://www.econbiz.de/10011451144
China has realized that for its own sake and from the international community’s perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...
Persistent link: https://www.econbiz.de/10011451168