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This Article discusses current challenges to siting new electric transmission infrastructure to facilitate the growth of renewable energy. In doing so, this Article focuses on recent legal and policy developments at the federal, state, and regional levels with a specific emphasis on states with...
Persistent link: https://www.econbiz.de/10014172469
This contribution discusses WTO subsidies disciplines in the context of the energy sector. After laying out the relevant disciplines, it will discuss the paradox of WTO law with respect to subsidies towards fossil fuels vis-à-vis those towards renewable energy. It is clear that subsidies on...
Persistent link: https://www.econbiz.de/10014125055
This paper examines the concept of sustainable development and the need to consider its ‘three pillars' – the social, economic and environmental impacts as one interrelated concept - the triple bottom line (TBL). The rationale of the TBL is that no single influence can exist in isolation for...
Persistent link: https://www.econbiz.de/10012967014
The interest in low-carbon hydrogen technologies is growing fast in politics and the economy. The ramp-up of a hydrogen market is a critical phase, which requires the engagement and coordination of many heterogeneous stakeholders. A better understanding of who these stakeholders are and what...
Persistent link: https://www.econbiz.de/10012544562
This study evaluates a proposed investment in wind power generation using real options from the regulatory framework applicable to the German market (Europe's largest producer of renewable energy). For this evaluation, we have modelled the primary uncertainties affecting the project and we have...
Persistent link: https://www.econbiz.de/10011077740
The Nigerian power sector reform is necessitated by the chronic poor performance of the sector and has as its compass the 2005 Electric Power Sector Reform Act and the Roadmap for Power Sector Reform 2010. Implementing reform has resulted in significant progress that includes unbundling and...
Persistent link: https://www.econbiz.de/10011440968
Due to increasing shares of renewable energies in electricity production, the cost-effective system integration of these installations is becoming more and more important. Technologies and locations are viewed as system-friendly when they are more cost-efficient and easier to integrate because...
Persistent link: https://www.econbiz.de/10011755971
We extend the theory of peak-load pricing by considering that the production with different technologies can be adjusted within their capacity at different speeds. In the established analysis, all production decisions can be made after the random variables realize. In our setting, in contrast,...
Persistent link: https://www.econbiz.de/10011881657
Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed before the random supply of renewables like wind or solar realizes. Steam power plants also make production decisions before such a random supply realizes. These capacities cannot...
Persistent link: https://www.econbiz.de/10011882245
The uptake of renewable energy (RE) has been identified by a number of governments as a primary means for mitigating CO2 emissions from the electricity sector, and for making the transition to a low-carbon economy. The electric power output of some RE technologies, however, including those based...
Persistent link: https://www.econbiz.de/10009767768