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This paper explores cost-effective low-carbon R&D and capital investment portfolios for the electricity generation sector through 2060. We present a novel method for long-term planning by combining an economic model of endogenous non-linear technical change and a generation capacity planning...
Persistent link: https://www.econbiz.de/10010480800
While early literature on electricity externalities was largely concerned with fossil fuel power generation and the associated emissions, nuclear accidents (Chernobyl, Fukushima) and the large-scale deployment of renewable energy facilities have spurred a wave of research on the externalities of...
Persistent link: https://www.econbiz.de/10011544218
renewables. But a development which fosters integration, growing transmission distances and bigger markets will likely lead to a … see the advantages of renewables and the exploitation of domestic energy resources, yet the necessary adaptations of power … renewables and to create an internal energy market (IEM) thus aim at ameliorating this situation by e.g. both stimulating …
Persistent link: https://www.econbiz.de/10010532121
This paper explores cost-effective low-carbon R&D and capital investment portfolios for the electricity generation sector through 2060. We present a novel method for long-term planning by combining an economic model of endogenous non-linear technical change and a generation capacity planning...
Persistent link: https://www.econbiz.de/10010467363
This paper examines how optimal renewable energy (RE) support (RES) policies need to be adjusted to account for carbon prices. We show theoretically and empirically that changing carbon prices requires adjusting RE production subsidies due to two different motives: First, RE premiums need to be...
Persistent link: https://www.econbiz.de/10012534624
Foreign aid and technology transfer are an essential means, especially for the least developed countries, towards meeting the Millennium Development Goals as well as facilitating adaptation to, and mitigation of, climate change. The deployment of technologies harvesting renewable energy flows...
Persistent link: https://www.econbiz.de/10010319862
Existing studies on Carbon Capture and Storage (CCS) only focus on costs and carbon dioxide (CO2) reduction that arise … cradle-to-grave costs of avoided carbon dioxide. We show that the true costs vary between 70 and 90 US-Dollars per ton of CO2 …. Thus, it is cheaper to avoid one ton of CO2 by means of wind energy, but costs arising from the use of solar energy are …
Persistent link: https://www.econbiz.de/10011280356
electricity price does not recover production costs which may have led to overconsumption. The budget for renewables should … operation. Japan aims to diversify its generation portfolio by expanding renewables. In the Republic of Korea, the average …
Persistent link: https://www.econbiz.de/10010463697
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large …
Persistent link: https://www.econbiz.de/10011584949
We investigate the effect of the physical presence of wind turbines on residential well-being in Germany, using panel data from the German Socio-Economic Panel (SOEP) and a unique novel panel data set on more than 20,000 wind turbines for the time period between 2000 and 2012. Using a...
Persistent link: https://www.econbiz.de/10010531592