Matches in SemOpenAlex for { <https://semopenalex.org/work/W2912112424> ?p ?o ?g. }
Showing items 1 to 72 of
72
with 100 items per page.
- W2912112424 abstract "There is a broad agreement that renewable energy sources (RES) will play an important role to abate CO2 emissions but there is a contentious debate about the economic sense to promote RES via subsidies. Many static analyses conclude that subsidizing RES ties up capital which could have been used more efficiently by other reduction strategies with lower marginal abatement costs (MAC). Dynamic models, in contrast, emphasize learning effects which lead to lower MAC of RES. In particular a start-up funding to induce an early market entry of RES may be advantageous to benefit from reduced MAC. To our knowledge there has been no attention so far to the effects of renewables’ promotion to the necessary shut down of power plants based on fossil energy sources (FES). With respect to the achievement of a certain long-term reduction objective an early market entry of RES allows a longer transition from FES to RES. This also means more time to shut down fossil-based power plants which can reduce respective depreciation costs. We use an endogenous growth model to focus on the trade off between the described decrease of depreciation costs and the capital tie-up of a subsidization of RES. We find that subsidizing RES can indeed lead to a higher welfare solely because of reduced depreciation costs. We conclude that an optimal strategy to reduce emissions should consider both the increase of renewable and the decrease of fossil electricity generation." @default.
- W2912112424 created "2019-02-21" @default.
- W2912112424 creator A5083897801 @default.
- W2912112424 date "2018-01-01" @default.
- W2912112424 modified "2023-09-27" @default.
- W2912112424 title "Subsidizing Renewable Energy: Higher Welfare by lower depreciation costs for fossil power plants?" @default.
- W2912112424 hasPublicationYear "2018" @default.
- W2912112424 type Work @default.
- W2912112424 sameAs 2912112424 @default.
- W2912112424 citedByCount "1" @default.
- W2912112424 countsByYear W29121124242018 @default.
- W2912112424 crossrefType "posted-content" @default.
- W2912112424 hasAuthorship W2912112424A5083897801 @default.
- W2912112424 hasConcept C100243477 @default.
- W2912112424 hasConcept C119599485 @default.
- W2912112424 hasConcept C127413603 @default.
- W2912112424 hasConcept C139719470 @default.
- W2912112424 hasConcept C157062255 @default.
- W2912112424 hasConcept C162324750 @default.
- W2912112424 hasConcept C175444787 @default.
- W2912112424 hasConcept C175605778 @default.
- W2912112424 hasConcept C188573790 @default.
- W2912112424 hasConcept C2776943663 @default.
- W2912112424 hasConcept C34447519 @default.
- W2912112424 hasConcept C44750222 @default.
- W2912112424 hasConcept C58202505 @default.
- W2912112424 hasConcept C66887028 @default.
- W2912112424 hasConcept C84265765 @default.
- W2912112424 hasConcept C95383336 @default.
- W2912112424 hasConceptScore W2912112424C100243477 @default.
- W2912112424 hasConceptScore W2912112424C119599485 @default.
- W2912112424 hasConceptScore W2912112424C127413603 @default.
- W2912112424 hasConceptScore W2912112424C139719470 @default.
- W2912112424 hasConceptScore W2912112424C157062255 @default.
- W2912112424 hasConceptScore W2912112424C162324750 @default.
- W2912112424 hasConceptScore W2912112424C175444787 @default.
- W2912112424 hasConceptScore W2912112424C175605778 @default.
- W2912112424 hasConceptScore W2912112424C188573790 @default.
- W2912112424 hasConceptScore W2912112424C2776943663 @default.
- W2912112424 hasConceptScore W2912112424C34447519 @default.
- W2912112424 hasConceptScore W2912112424C44750222 @default.
- W2912112424 hasConceptScore W2912112424C58202505 @default.
- W2912112424 hasConceptScore W2912112424C66887028 @default.
- W2912112424 hasConceptScore W2912112424C84265765 @default.
- W2912112424 hasConceptScore W2912112424C95383336 @default.
- W2912112424 hasLocation W29121124241 @default.
- W2912112424 hasOpenAccess W2912112424 @default.
- W2912112424 hasPrimaryLocation W29121124241 @default.
- W2912112424 hasRelatedWork W1218451309 @default.
- W2912112424 hasRelatedWork W1504891984 @default.
- W2912112424 hasRelatedWork W2243710880 @default.
- W2912112424 hasRelatedWork W2264130240 @default.
- W2912112424 hasRelatedWork W2289515299 @default.
- W2912112424 hasRelatedWork W2464023527 @default.
- W2912112424 hasRelatedWork W2620845830 @default.
- W2912112424 hasRelatedWork W2762620860 @default.
- W2912112424 hasRelatedWork W3037167728 @default.
- W2912112424 hasRelatedWork W3091517268 @default.
- W2912112424 hasRelatedWork W3121209254 @default.
- W2912112424 hasRelatedWork W3121870519 @default.
- W2912112424 hasRelatedWork W3122097157 @default.
- W2912112424 hasRelatedWork W3122674736 @default.
- W2912112424 hasRelatedWork W3123147142 @default.
- W2912112424 hasRelatedWork W3125263302 @default.
- W2912112424 hasRelatedWork W3131494330 @default.
- W2912112424 hasRelatedWork W3176042037 @default.
- W2912112424 hasRelatedWork W3197515492 @default.
- W2912112424 hasRelatedWork W3123980132 @default.
- W2912112424 isParatext "false" @default.
- W2912112424 isRetracted "false" @default.
- W2912112424 magId "2912112424" @default.
- W2912112424 workType "article" @default.