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The RPS has become the most important instrument in United Statesto encourage the generation of electricity through the use of renewable energy.In brief, the RPS is a policy mechanism that requires suppliers of electricity to providea specific percentage of their energy supply from some form of...
Persistent link: https://www.econbiz.de/10009429661
Europe's clean energy transition is imperative to combat climate change and represents an economic opportunity to become independent of fossil fuels. As such, the energy transition has become one of the most important, but also one of the most challenging economic and societal projects today....
Persistent link: https://www.econbiz.de/10014495322
To achieve a sustainable energy system, a further increase in electricity generation from renewable energy sources (RES) is imperative. However, the development and implementation of RES entail various challenges, e.g., dealing with grid stability issues due to RES' intermittency....
Persistent link: https://www.econbiz.de/10014501553
Morocco, Algeria and Tunisia, the three countries of the North African Maghreb region, are showing increased efforts to integrate renewable electricity into their power markets. Like many other countries, they have pronounced renewable energy targets, defining future shares of 'green'...
Persistent link: https://www.econbiz.de/10010270393
This paper presents the role of alternative energy technologies in displacing fossil fuels as the world's primary energy source. To that end, a CAPM-GARCH multi-factor market model is used to investigate the relationship between returns on oil and alternative energy stocks. Results show that an...
Persistent link: https://www.econbiz.de/10009476123
The government has stated its intentions to increase the usage of solar water heating (SWH) through its National Solar Water Heater Programme (NSWHP). As described in the report, increased adoption of SWH would have a number of benefits for South Africa. Firstly, replacement of electric geysers...
Persistent link: https://www.econbiz.de/10009442097
We study the effect of a state level mandate on renewable heating technologies on the housing market. The mandate requires a minimum share of 10 % renewable energy sources when changing the heating system in the existing building stock. As renewable energy sources are still more expensive than...
Persistent link: https://www.econbiz.de/10012053053
In this paper, we investigate the effect of the state-level renewable heating mandate for existing homes in Baden-Wuerttemberg, Germany's third largest federal state. The mandate requires homeowners to supply at least 10 % of their heat demand with renewable energy when they replace their...
Persistent link: https://www.econbiz.de/10011772327
The need to decarbonize economic production processes is undeniable and has been considered by most countries worldwide. Renewable Energy Sources (RES) and Carbon Capture and Sequestration (CCS) technologies appear among the most promising routes to the decarbonization process. We propose an...
Persistent link: https://www.econbiz.de/10012652160
This paper by using Long-range Energy Alternatives Planning System (LEAP) constructs four different renewable energy scenarios for the Greek transport, energy, and industry sectors. By projecting the demand for renewable energy and the associated resulting carbon dioxide emissions up to the...
Persistent link: https://www.econbiz.de/10011552014