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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...
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We measure energy price induced technological progress using directional distance function for a panel data of 55 countries over the period 1974 to 2000 and find several important insights. First, we observe larger induced technological change effects in developed countries in the periods after...
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Decarbonization requires the transformation of power markets towards renewable energies and investment costs are decisive for the deployed technologies. Exogenous cost assumptions cannot fully reflect the underlying dynamics of technological change. We implement divergent learning-bydoing...
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