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Colas, Mark; Reynier, Emmett - 2024

We study the optimal design of income-contingent subsidies for residential solar panels. Using remotely sensed data on … installation rates to subsidies is strongly decreasing in income. Using these empirical elasticities, we estimate a model that …. Counterfactual simulations reveal that switching to production-maximizing income-contingent subsidies leads to a three-fold increase …

Persistent link: https://www.econbiz.de/10015074561

Taxation of carbon emissions with social and private discount rates

Mier, Mathias; Adelowo, Jacqueline - 2022

Energy system and power market models refrain from distinguishing between private and social discount rates. We devise a strategy to account for diverging private and social discount rates in intertemporal optimization frameworks, resulting in an optimal carbon tax above the marginal damage when...

Persistent link: https://www.econbiz.de/10013347615

Complementary taxation of carbon emissions and local air pollution

Mier, Mathias; Adelowo, Jacqueline; Weissbart, Christoph - 2022

Current decarbonization policies neglect damages from local air pollutants. We analyze the trade-off between complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050. Taxing only air pollution results in social cost of 5,890...

Persistent link: https://www.econbiz.de/10013347616

Endogenous technological change in power markets

Mier, Mathias; Adelowo, Jacqueline; Azarova, Valeriya - 2022

Decarbonization requires the transformation of power markets towards renewable energies and investment costs are …-integer programming to approximate non-linear investment costs. We consider European learning, regional learning, and three different ways …

Persistent link: https://www.econbiz.de/10013285538

Taxation of carbon emissions with social and private discount rates

Mier, Mathias; Adelowo, Jacqueline - 2022

Persistent link: https://www.econbiz.de/10013329795

Complementary taxation of carbon emissions and local air pollution

Mier, Mathias; Adelowo, Jacqueline; Weissbart, Christoph - 2022

Persistent link: https://www.econbiz.de/10013329808

Endogenous technological change in power markets

Mier, Mathias; Adelowo, Jacqueline; Azarova, Valeriya - 2022

Persistent link: https://www.econbiz.de/10013272914

Local economic impacts of wind power deployment in Denmark

Gavard, Claire; Göbel, Jonas; Schoch, Niklas - 2022

An argument sometimes used to support renewable energy is that it may contribute to job creation. On the other hand, these technologies often face local opposition. On the case of Denmark, the country with the longest experience with wind power, the authors examine whether the installation of...

Persistent link: https://www.econbiz.de/10013464280

Efficient spatial allocation of wind power plants given environmental externalities due to turbines and grids

Grimsrud, Kristine M.; Hagem, Cathrine; Lind, Arne; … - 2020

Negative environmental externalities associated with wind power plants depend on the physical characteristics of turbine installations and associated power lines and the geographical siting. We derive analytically an environmental taxation scheme for achieving the efficient spatial distribution...

Persistent link: https://www.econbiz.de/10012801086

It Should Be a Breeze : Harnessing the Potential of Open Trade and Investment Flows in the Wind Energy Industry

Kirkegaard, Jacob Funk; Weischer, Lutz; Hanemann, Thilo - 2014

's increasing global integration via cross-border trade and investment flows, and offers recommendations to policymakers for the … design of investment and trade policies to help realize wind energy's potential. We find that demand for wind energy through … the overall demand for turbines and equipment. Cross-border investment rather than trade is the dominant mode of the wind …

Persistent link: https://www.econbiz.de/10014199992