The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start … fluctuating renewables quadruples between 2010 and 2030. We find that the overall number of start-ups decreases by a third, while … slightly and remains below 1%. Several overlapping effects drive these results. The expansion of fluctuating renewables alone …

policy moves in favour of renewables are likely to impact. We find through quasi-experimental exploration of a modified …

Governments have faced increasing pressure for energy policy to converge around efficiency, sustainability … objectives, widening the policy trade-offs. The emergence of market-based reforms and renewable energy technologies has created … efficiency and welfare arguments for the purposeful reallocation of subsidies from fossil fuels to renewable energy. The need to …

wholesale energy and capacity markets. While the subsidies, even when combined with energy consumption taxes, cannot achieve …