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We investigate the combined effect of an Emission Trading System (ETS) and renewable energy sources on electricity … generation investment in energy-only markets. We propose a simple representation of the capacity expansion decision between … fossil fuel and renewable production, where electricity demand is uncertain. Increasing renewable capacity creates a tradeoff …
Persistent link: https://www.econbiz.de/10012970046
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the … focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity … climate policy to cover 80 percent of electricity consumption with renewable energy sources, as the German Renewable Energy …
Persistent link: https://www.econbiz.de/10014536114
Renewable energy deployment costs comprise both internal generation costs and external locationrelated infrastructure …
Persistent link: https://www.econbiz.de/10011383905
both reliable and affordable electricity. However, this focus on only two of the three horns of the energy trilemma, namely …Many countries have a clear policy objective of increasing their share of renewable energy sources (RESs). However, a … major impediment to higher RES penetration often lies in the historically grown structures of a country's electricity sector …
Persistent link: https://www.econbiz.de/10012422333
Two legal instruments for promoting renewable energy production - renewable portfolio standards (“RPSs”) and feed …-or options. Some analyses suggest that FITs have been more effective at increasing use of renewables-powered electricity. At the …
Persistent link: https://www.econbiz.de/10013091568
the wind technology. Our results provide new insights about the scope and impact of green energy regulation …
Persistent link: https://www.econbiz.de/10012835055
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
Ease of entry is crucial to well-functioning electricity markets. This paper investigates the patterns of entry in the … generation segment of the electricity industry of OECD countries and seeks to provide an understanding of their key determinants … policy objectives. The analysis focuses on investments in renewable-based electricity generation in all OECD countries over …
Persistent link: https://www.econbiz.de/10011588355
Persistent link: https://www.econbiz.de/10012154409