Author: Erwin Hendricus Bulte
Publisher:
ISBN: 9789054856993
Category : Biology, Economic
Languages : en
Pages : 283
Book Description
Essays in Economics of Renewable Resources
Author: Erwin Hendricus Bulte
Publisher:
ISBN: 9789054856993
Category : Biology, Economic
Languages : en
Pages : 283
Book Description
Publisher:
ISBN: 9789054856993
Category : Biology, Economic
Languages : en
Pages : 283
Book Description
Essays in the Economics of Renewable Resources
Author: Leonard J. Mirman
Publisher:
ISBN: 9780444863409
Category : Economics
Languages : en
Pages : 287
Book Description
Publisher:
ISBN: 9780444863409
Category : Economics
Languages : en
Pages : 287
Book Description
Essays on the economics of non renewable resources
Author: Sid Ahmed Rida Guermouche
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 472
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 472
Book Description
Essays on the Economics of Renewable Energy Policy
Author: Michaela Unteutsch
Publisher:
ISBN:
Category :
Languages : en
Pages : 176
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 176
Book Description
Essays on the Economics of Renewable Energy
Author: Eric Ariel Bergmann
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 306
Book Description
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 306
Book Description
Essays on the Economics of Renewable Energy Policy
Author: Michaela Unteutsch (geb. Fürsch)
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Essays on the Economics of Renewable Energy
Author: Richard McDowell (Ph. D.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 144
Book Description
This dissertation addresses three questions related to the economics of renewable energy. Chapter 1 studies learning-by-doing during the generation process at wind and solar farms in the United States. While this phenomenon is often cited as a rationale for subsidizing renewable electricity, there is relatively little project-level evidence on how knowledge is accrued. Using detailed atmospheric data to account for potential output, I study whether generation and installation experience leads to increased productivity for solar and wind projects. I further assess the appropriability of experience by considering the transfer of knowledge within and across firms. Results suggest that generation experience on a particular project leads to higher productivity at that project but not at other sites. Installation experience appears to lead to higher output on subsequent projects, and exhibits spillovers across owners with proximate installation sites for wind farms. Chapter 2, co-authored with Michael Greenstone, studies the impact of Renewable Portfolio Standards, which mandate electricity sales from renewable sources, on electricity markets. Despite their prevalence and scope, the cost-effectiveness of these policies is currently poorly understood. Using panel data on program characteristics, electricity prices, generation, and employment, we find that portfolio standards have been successful at increasing regional renewable generation, with marginal compliance coming almost entirely from wind energy. However, costs to consumers are large, with retail electricity rates increasing by 9-15% five years after adoption. Based on our estimates, the cost of carbon abatement from these programs is substantial, and well above conventional estimates of the social cost of emissions. In the third chapter, I examine the extent to which electricity prices influence household purchases of Energy Star appliances. I combine a large cross-sectional survey dataset on appliance ownership and household characteristics with data on local electricity prices. Across three different appliance types, I find an elasticity of Energy Star ownership to retail electricity price of 0.58 to 0.66. In line with the "landlord-tenant" problem discussed in the energy efficiency literature, both ownership rates and responsiveness tp prices are substanitally lower for rented properties, particularly those with lower income tenants.
Publisher:
ISBN:
Category :
Languages : en
Pages : 144
Book Description
This dissertation addresses three questions related to the economics of renewable energy. Chapter 1 studies learning-by-doing during the generation process at wind and solar farms in the United States. While this phenomenon is often cited as a rationale for subsidizing renewable electricity, there is relatively little project-level evidence on how knowledge is accrued. Using detailed atmospheric data to account for potential output, I study whether generation and installation experience leads to increased productivity for solar and wind projects. I further assess the appropriability of experience by considering the transfer of knowledge within and across firms. Results suggest that generation experience on a particular project leads to higher productivity at that project but not at other sites. Installation experience appears to lead to higher output on subsequent projects, and exhibits spillovers across owners with proximate installation sites for wind farms. Chapter 2, co-authored with Michael Greenstone, studies the impact of Renewable Portfolio Standards, which mandate electricity sales from renewable sources, on electricity markets. Despite their prevalence and scope, the cost-effectiveness of these policies is currently poorly understood. Using panel data on program characteristics, electricity prices, generation, and employment, we find that portfolio standards have been successful at increasing regional renewable generation, with marginal compliance coming almost entirely from wind energy. However, costs to consumers are large, with retail electricity rates increasing by 9-15% five years after adoption. Based on our estimates, the cost of carbon abatement from these programs is substantial, and well above conventional estimates of the social cost of emissions. In the third chapter, I examine the extent to which electricity prices influence household purchases of Energy Star appliances. I combine a large cross-sectional survey dataset on appliance ownership and household characteristics with data on local electricity prices. Across three different appliance types, I find an elasticity of Energy Star ownership to retail electricity price of 0.58 to 0.66. In line with the "landlord-tenant" problem discussed in the energy efficiency literature, both ownership rates and responsiveness tp prices are substanitally lower for rented properties, particularly those with lower income tenants.
Essays on Renewable Energy Policy and Economics
Author: Anna Ebers
Publisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 354
Book Description
Publisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 354
Book Description
Three Essays on the Economics of Renewable Energy in Small Island Economies
Author: Sener Salci
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Essays in Environmental and Energy Economics
Author: Rémi Morin Chassé
Publisher:
ISBN: 9781369094404
Category : Capital
Languages : en
Pages : 81
Book Description
In the first essay, we consider a firm with limited-liability and whose profits are a function of valuable productive capital. Environmental accidents of random sizes can occur at random times. To pay for the liability from an accident, the firm sells some or all of its productive capital; it becomes judgment-proof when the liability exceeds the value of its capital. The remainder of the liability, left unpaid by the bankrupted firm, is paid for by society. Using a dynamic framework with exogenous arrival, we derive closed-form solutions for the firm's return from its assets and for social costs. The firm's return is convex in the level of productive capital. By setting up a bonding requirement, the legislator ensures the firm, not society, bears the expected costs of accidents ex-ante. It may optimal to reduce the liability transferred back to the firm and possibly to subsidize it. When arrival is endogenous, there can be an optimal firm-size for specific cases. The associated social costs reach a maximum when assets equal the expected magnitude of damages. In the second essay, we study sustainability using a neoclassical growth approach. Our analysis focuses on the role of energy in the economy. Society uses renewable and non-renewable energies, with the use of the latter generating undesirable pollution. Renewable energies, available at zero marginal cost, are conditional upon the existence of a generating capacity, which requires investment. In a numerical simulation, we find that it can be optimal for society to stop using non-renewable energies and switch completely to renewable energies even though the non-renewable resource stock is not fully exhausted. In the final carbon-free phase, the dynamic system is a saddle-path. We find that a moratorium on renewable resource expansion is not beneficial; society is better off investing in this resource every year, albeit at a lower rate, than to postpone investment. Society must be relatively averse to intergeneration inequity with an elasticity of inter-temporal substitution must be greater than one to ensure that the steady-state level of renewable energy capacity is non-zero.
Publisher:
ISBN: 9781369094404
Category : Capital
Languages : en
Pages : 81
Book Description
In the first essay, we consider a firm with limited-liability and whose profits are a function of valuable productive capital. Environmental accidents of random sizes can occur at random times. To pay for the liability from an accident, the firm sells some or all of its productive capital; it becomes judgment-proof when the liability exceeds the value of its capital. The remainder of the liability, left unpaid by the bankrupted firm, is paid for by society. Using a dynamic framework with exogenous arrival, we derive closed-form solutions for the firm's return from its assets and for social costs. The firm's return is convex in the level of productive capital. By setting up a bonding requirement, the legislator ensures the firm, not society, bears the expected costs of accidents ex-ante. It may optimal to reduce the liability transferred back to the firm and possibly to subsidize it. When arrival is endogenous, there can be an optimal firm-size for specific cases. The associated social costs reach a maximum when assets equal the expected magnitude of damages. In the second essay, we study sustainability using a neoclassical growth approach. Our analysis focuses on the role of energy in the economy. Society uses renewable and non-renewable energies, with the use of the latter generating undesirable pollution. Renewable energies, available at zero marginal cost, are conditional upon the existence of a generating capacity, which requires investment. In a numerical simulation, we find that it can be optimal for society to stop using non-renewable energies and switch completely to renewable energies even though the non-renewable resource stock is not fully exhausted. In the final carbon-free phase, the dynamic system is a saddle-path. We find that a moratorium on renewable resource expansion is not beneficial; society is better off investing in this resource every year, albeit at a lower rate, than to postpone investment. Society must be relatively averse to intergeneration inequity with an elasticity of inter-temporal substitution must be greater than one to ensure that the steady-state level of renewable energy capacity is non-zero.