Renewable electricity policies, heterogeneity, and cost effectiveness
نویسندگان
چکیده
منابع مشابه
Renewable 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...
متن کاملCost-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 کاملDesigning Renewable Electricity Policies to Reduce Emissions
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...
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...
متن کاملState-level renewable electricity policies and reductions in carbon emissions
A wide range of renewable electricity policies has been adopted at the state level in the United States, but to date there has been no large-scale, empirical assessment of the effect of these policies on carbon emissions. Such an assessment is important because scholars have pointed out that increases in renewable electricity will not necessarily lead to declines in carbon emissions. We examine...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2013
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2013.03.004