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The deployment of onshore wind power involves spatial sustainability trade-offs, e.g., between the minimization of energy system costs, the mitigation of impacts on humans and biodiversity, and equity concerns. We analyze challenges arising for decision-making if wind power generation capacity...
Persistent link: https://www.econbiz.de/10012217343
We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The analysis is conducted using policy and patent data for a large sample of 194 countries and territories. The policy data allows distinguishing two dimensions of regulation, i.e....
Persistent link: https://www.econbiz.de/10012230967
This paper estimates the impact of solar and wind power intermittency on wholesale prices, arbitrage opportunities and the profitability of storage. First, I use the short term randomness of wind and solar generation to estimate the hourly reductions in wholesale electricity market prices...
Persistent link: https://www.econbiz.de/10012238021
Currently, most photovoltaic (PV) modules are aligned in a way that maximizes the overall annual yields, which leads to significant peaks in electricity production and could threaten energy policy objectives such as security of supply as well as environmental sustainability. The exploitation of...
Persistent link: https://www.econbiz.de/10011833347
Electricity markets are increasingly influenced by variable renewable energy such as wind and solar power with a pronounced weather-induced variability and imperfect predictability. As a result, the evaluation of the capacity value of variable renewable energy, i.e. its contribution to security...
Persistent link: https://www.econbiz.de/10011883044
The European Union has set ambitious targets for emission reduction and the penetration of renewable energy, including the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the costs of renewables decreased strongly making...
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