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- W3164062472 abstract "Policies to incentivize the adoption of renewable energy sources (RES) usually offer little flexibility to adapt to heterogeneous benefits across locations. We evaluate the geographical misallocation of RES associated with the uniform nature of subsidies. We estimate the dispersion of marginal benefits from solar production in Germany and compute the social and private benefits from optimal reallocations of residential solar installations keeping total capacity fixed. We find that total value of solar would increase by 6.4% relative to the current allocation using conservative values for solar penetration. Reallocating all solar and taking into account transmission would yield considerably larger gains." @default.
- W3164062472 created "2021-06-07" @default.
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- W3164062472 date "2020-01-01" @default.
- W3164062472 modified "2023-09-23" @default.
- W3164062472 title "(Mis)allocation of Renewable Energy Sources" @default.
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- W3164062472 doi "https://doi.org/10.2139/ssrn.3597481" @default.
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