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We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when carbon pricing is imperfect. This policy is...
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This paper proposes a different hybrid system that considers the intelligible and complex to understand the problem of regulating the expansion of conventional power plants. The current reality is determined on a long-term power generation expansion plan for Bangladesh from 2016 to 2030. The...
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Using a stated choice experiment, we find that a prime that makes environmental identity salient makes people behave greener, whereas it does not if it makes religious identity salient. Further-more, we discover non-linear priming effects for environmental identity, which means that rais-ing the...
Persistent link: https://www.econbiz.de/10012309732
SUMMARY - In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period 1985-2011...
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Renewable energy production is an alternative to traditional energy resources that are being depleted, these new resources will gradually replace the exhausting energies by combining the three main features of the present century, so that sustainable development, energy security and...
Persistent link: https://www.econbiz.de/10011854185
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What will come first - non-acceptable global warming or extinction of oil reserves? Both processes can bring substantial costs to the mankind, but their order has important economic implications. The answer to this question will either lower oil price in the long run or will lead to its further...
Persistent link: https://www.econbiz.de/10011505807
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