The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

This paper identifies electricity supply shocks by exploiting the fact that variations in wind speed at turbine locations are exogenous with respect to macroeconomic outcomes and drive electricity prices in European wholesale markets inframarginally. Instrumenting electricity price changes with...

This paper provides ex-post empirical evidence on the effects of green technology support policies, in comparison with other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic panel estimation for a sample of 38 countries over the...

The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

Over the past few decades, there has been significant development in actions aimed at global energy transition, with the goal of reducing greenhouse gas emissions. The energy sector plays a significant role in this endeavor, contributing 76% of the world's total emissions. Considering...

Deployment of new onshore wind power faces challenges due to growing resistance, prompting increased interest in the development of effective deployment strategies. One approach is to examine historical deployment to identify factors shaping its distribution within a country. Current literature...

Canada has set a target to become net zero by 2050. One of the key pathways for achieving this goal and supporting electrified demand is to expand variable renewable energy capacities. Such integration requires flexibility measures to respond to inherited variability, such as a reactive...

In the North Seas region, a coalition of 9 countries expressed the ambition to quadruple their offshore wind capacity from 30 GW to 120 GW by 2030, and to then more than double the capacity between 2030 and 2050 to reach 300 GW. Regional cooperation to achieve these ambitions can be organized in...

The transition to clean energy is both a climate imperative and a materials challenge. This report provides a comprehensive analysis of the supply chain for wind turbines, a cornerstone of the EU's energy transition strategy. Significant dependencies are found for rare earth elements including...

Viet Nam has pledged to achieve net-zero emissions by 2050. This will require increasing diversity in Viet Nam's electricity supply, a transition to renewable electricity generation, and a reduction in the dependence on coal for electricity generation. Offshore wind holds significant potential...

Este informe analiza y destaca la oportunidad de Colombia para posicionarse como un actor clave a nivel global en el suministro de combustibles basados en hidrógeno verde para el transporte marítimo y otros sectores. El análisis evaluó la incipiente economía del hidrógeno verde en Colombia...

As the global demand for sustainable energy intensifies, achieving economic growth without carbon emissions has become both a critical challenge and an opportunity. This study investigates the potential of five major clean energy sources-solar, wind, hydroelectric, nuclear, and geothermal...

This report distils experiences from established offshore wind markets into key success factors to help emerging markets build successful offshore wind sectors. It is designed to share international good practice while recognizing the unique contexts of each country. The key factors described...

The transition to clean energy is both a climate imperative and a materials challenge. This report provides a comprehensive analysis of the supply chain for wind turbines, a cornerstone of the EU's energy transition strategy. Significant dependencies are found for rare earth elements including...

With its potential to provide a clean, abundant, and cost-competitive source of electricity, wind power is playing an increasingly important role in powering homes, industries, and transportation systems. To support the growth of the wind energy sector and enhance the competitiveness of the EU,...

The expansion of wind power has the potential to make a major contribution to the mitigation of climate change. While wind power generates positive externalities at the global level by reducing carbon dioxide, it also generates negative externalities at the local level, such as noise pollution...

The simulation of wind power, electricity load, and natural gas prices will allow commodity traders to see the future movement of prices in a more probabilistic manner. The ability to observe possible paths for wind power, electricity load, and natural gas prices enables traders to obtain...

The rise of societal goals like climate change mitigation and energy security calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit negative local externalities. We estimate the impact of wind turbine deployment on...

Replacing fossil fuels with renewable energy sources, including wind and solar power, is a validated approach for mitigating carbon emissions. To maximize renewable energy potential and account for costs and impacts of low carbon energy transitions, research models or modelling tools must...

Offshore wind is an important component of Europe’s energy and climate targets, but the EU and UK are falling short of their 2030 installation goals amid regulatory delays and rising costs. Meanwhile, Chinese original equipment manufacturers (OEMs) are competing in European tenders and...

Introduction -- The theoretical framework of Power Purchase Agreements (PPAs) on the road to green energy and achieving climate neutrality targets -- The concept of Contracts for Difference (CfDs) and their impact on the signing of PPAs -- Modeling risks, bearing and sharing risks in a PPA,...

Rural locations provide limited economic opportunities, mainly relying on agricultural activities, with scarce industrial or commercial investment and employment. This has led to higher risks related to poverty, with a lack of opportunities for education, healthcare, and general services leading...

Economists have neglected place attachment as a potential explanation for people's preferences for environmental goods. We conducted the first discrete choice experiment to assess the place attachment concept in the valuation of and response to the place-specific environmental impact from a...