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...

Electricity generation based on renewable energy (RE) sources such as wind and solar replace the most expensive generators that often rely on fossil fuels. In response to RE promotion, wholesale electricity prices and carbon emissions are therefore expected to decrease. In interconnected...

Electricity generation based on renewable energy (RE) sources such as wind and solar replace the most expensive generators that often rely on fossil fuels. In response to RE promotion, wholesale electricity prices and carbon emissions are therefore expected to decrease. In interconnected...

This paper uses the E-simulate model of electricity generation to estimate how much the stacking order of different technologies changes when a carbon price is introduced. Different coal and gas price scenarios are explored, and some sensitivity analysis is made of the relative market share of...

Tidal energy belongs to the class of intermittent but predictable renewable energy sources. In this paper, we consider a compact set of geographically diverse locations, which have been assessed to have significant tidal stream energy, and attempt to find the degree to which the resource in each...

The Indian power sector is experiencing a lot of pressure to supply sustainable electricity at affordable cost due to heavy demand especially in the summer peak season. Most of India’s electricity is produced by fossil fueled power plants, which are the source of CO2 emissions. In this case,...

As part of its climate strategy, the EU aims at increasing the share of electricity from renewable energy sources (RES-E) in overall electricity generation. Attaining this target poses a considerable challenge as the electricity sector is “locked” into a carbon-intensive system, which...

Electricity is perhaps the most versatile energy carrier in modern economies, and it is therefore fundamentally linked to human and economic development. Electricity growth has outpaced that of any other fuel, leading to ever-increasing shares in the overall mix. This trend is expected to...

CO₂, N₂O, and CH₄are the three most widespread Greenhouse Gases (GHGs). Electricity consumption and the related CO₂-equivalent gas emissions resulting from oil and gas combustion for the six countries that comprise the Cooperation Council for the Arab States of the Gulf [Kingdom of Saudi Arabia...