Amigues, Jean-Pierre; Lafforgue, Gilles; Moreaux, Michel - Laboratoire d'Économie des Ressources Naturelles … - 2012
We determine the optimal exploitation time-paths of three types of perfect substitute energy resources: The first one … capture and storage (CCS) process (clean coal) and the last one is renewable and clean (solar energy). We assume that the … function. Under stock-dependent cost function with a dominant learning effect, the energy price path can evolve non …