Cost-effectiveness of renewable electricity policies
نویسندگان
چکیده
منابع مشابه
Cost-Effectiveness of Renewable Electricity Policies
We analyze policies to promote renewable sources of electricity. A renewable portfolio standard raises electricity prices and primarily reduces gas-fired generation. A “knee” of the cost curve exists between 15% and 20% goals for 2020 in our central case, and higher natural gas prices lower the cost of greater reliance on renewables. A renewable energy production tax credit lowers electricity p...
متن کاملRenewable Electricity Policies, Heterogeneity, and Cost Effectiveness
Renewable electricity policies promote investment in renewable electricity generators and have become increasingly common around the world. Because of intermittency and the composition of other generators in the power system, the value of certain renewables—particularly wind and solar—varies across locations and technologies. This paper investigates the implications of this heterogeneity for th...
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A variety of renewable electricity policies to promote investment in wind, solar, and other types of renewable generators exist across the United States. The federal renewable energy investment tax credit, the federal renewable energy production tax credit, and state renewable portfolio standards are among the most notable. Whether the benefits of promoting new technology and reducing pollution...
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Building on a review of experience in the United States and the European Union, this article advances four main propositions concerning policies aimed at increasing electricity generation from renewable energy. First, who bears the short-run costs of programs to subsidize the generation of electricity from renewable sources varies with the organization of the electric power industry, and this v...
متن کاملFederal Policies for Renewable Electricity: Impacts and Interactions
Three types of policies that are prominent in the federal debate over addressing greenhouse gas emissions in the United States are a cap-and-trade program (CTP) on emissions, a renewable portfolio standard (RPS) for electricity production, and tax credits for renewable electricity producers. Each of these policies would have different consequences, and combinations of these policies could induc...
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ژورنال
عنوان ژورنال: Energy Economics
سال: 2005
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2005.09.007