This paper examines the impacts of CO2 emission reduction targets and carbon tax on future technologies selection especially solar PV and energy use in Bangladesh power sector during 2005–2035. It also examines the co-benefits of energy security of the country. The analyses are based on a...

This paper examines the impacts of CO2 emission reduction on future technology selection and energy use in Bangladesh power sector up to 2035 considering the base year 2005. It also examines the implications of CO2 emission reduction targets on energy security of the country. The analysis is...

Although previous climate change research has documented the effects of linking mitigation and adaptation in the energy sector, there is still a lack of integrated assessment, particularly at national level. This paper may contribute to fill this gap, identifying the interactions between climate...

We investigate conditions that aggravate market failures in energy innovations, and suggest optimal policy instruments to address them. Using an intertemporal general equilibrium model we show that 'small' market imperfections may trigger a several decades lasting dominance of an incumbent...

We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ), Feed-In-Tariff (FIT), and Feed-In-Premium (FIP). We develop a stylized model of the electricity market, where renewables are characterized by a positive learning externality,...

The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the...

This paper, focusing on the renewable portfolio standard (RPS), evaluates alternative renewable energy policies. We propose a tractable equilibrium model which provides a structural representation of Korea’s electricity market, including its energy settlement system and renewable energy...