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capacity investment must be chosen under uncertainty about demand conditions and capacity availability, and that capacity as … correspond to externalities of electricity generation (e.g., greenhouse gas reductions), and investment subsidies should …
Persistent link: https://www.econbiz.de/10010253455
prices, but distort consumption and investment. Market integration alleviates supply constraints, but requires costly network … reinforcement. Capacity reserves can be up- or downward distorted, but network investment is always insufficient in equilibrium …
Persistent link: https://www.econbiz.de/10011633642
bias effect on investment and heating decisions, emissions, policies, and deadweight loss. We show that as long as social …
Persistent link: https://www.econbiz.de/10014327643
In creating a level playing field that facilitates the deployment of renewable energy technology (RET), the traditional energy policy regime based on eliminating RET's cost gaps versus fossil energy technology (FET) may be not sufficient. Building on an economic model of energy technology...
Persistent link: https://www.econbiz.de/10011317841
Global regulations involving clean energy technologies have evolved in recent decades. Such evolution came as a result of technological disparities between the North and the South. Such regulatory changes came because of the failure of developed nations to assist developing countries in...
Persistent link: https://www.econbiz.de/10013235353
climate treaty coupled with foreign aid (to handle distributional issues with poor countries) and increased investment (to …
Persistent link: https://www.econbiz.de/10014180269
negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock … profitable unexploited investment opportunities is much smaller than engineering-accounting studies suggest. Finally, there is …
Persistent link: https://www.econbiz.de/10009488818
We provide evidence of an energy efficiency gap in China. Using an incentivized field experiment, we document that providing information to consumers on the energy costs of lightbulbs significantly affects their willingness to pay for energy efficient bulbs. Unlike previous literature, we do not...
Persistent link: https://www.econbiz.de/10013312632
The displacement impacts of wind power generation on other generation technologies are estimated for Ontario. In addition, their annual financial benefits, costs, and international stakeholder impacts are measured. For every 100 MWh generated, almost 53 MWh of gas output and 23 MWh of hydro...
Persistent link: https://www.econbiz.de/10012286525
The European Union's Emissions Trading System is the largest system in the world for trade in greenhouse gases. It used to be a cap-and-trade scheme with a fixed supply of permits. However, a recent reform of the system "punctures the waterbed" by making the supply of permits endogenous. The...
Persistent link: https://www.econbiz.de/10012289359