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Metcalf, Gilbert E. - 2007

On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other things, the law contains tax incentives worth over $14...

Persistent link: https://www.econbiz.de/10012778276

Intermittency and the Value of Renewable Energy

Gowrisankaran, Gautam - 2015

A key problem with solar energy is intermittency: solar generators only produce when the sun is shining. This adds to social costs and also requires electricity system operators to reoptimize key decisions with large-scale renewables. We develop a method to quantify the economic value of...

Persistent link: https://www.econbiz.de/10013037951

Technological Spillover Effects of State Renewable Energy Policy : Evidence from Patent Counts

Fu, Wancong - 2018

other states increase innovation, but own-state policies do not. In contrast, for financial incentives such as tax … incentives and subsidy policies, own-state policies induce innovation.Institutional subscribers to the NBER working paper series …

Persistent link: https://www.econbiz.de/10012906308

Renewable Energy Policies and Technological Innovation : Evidence Based on Patent Counts

Johnstone, Nick - 2013

This paper examines the effect of environmental policies on technological innovation in the specific case of renewable …

Persistent link: https://www.econbiz.de/10012753707

Innovation and Entrepreneurship in the Energy Sector

Popp, David; Pless, Jacquelyn; Hascic, Ivan; Johnstone, … - 2022

Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively …, integrating intermittent resources creates additional grid management challenges, requiring further innovation. This chapter … documents the evolving roles of innovation and entrepreneurship in the energy sector. First, we provide an overview of the …

Persistent link: https://www.econbiz.de/10013298489

Notes on the Economics of Energy Storage

Heal, Geoffrey - 2016

The increasing importance of intermittent renewable energy sources suggests a growing importance for energy storage as a way of smoothing the variable output. In this paper I investigate factors affecting the amount of energy storage needed, including the degree of intermittency and the...

Persistent link: https://www.econbiz.de/10012980665

The Economics of Energy Security

Metcalf, Gilbert E. - 2013

Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns and discusses policy approaches that could enhance...

Persistent link: https://www.econbiz.de/10013071794

U.S. Energy Policy During the 1990s

Joskow, Paul L. - 2021

This paper discusses U.S. energy policy and the associated evolution of energy supply, energy demand, energy prices and the industrial organization of the domestic energy industries during the period 1991 through 2000. This period covers the last two years of the George H. W. Bush administration...

Persistent link: https://www.econbiz.de/10013248235

Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages

Fisher-Vanden, Karen - 2014

In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may decide to self generate electricity, to purchase intermediate...

Persistent link: https://www.econbiz.de/10013066850

Demand and Pricing in Electricity Markets : Evidence from San Diego During California'S Energy Crisis

Reiss, Peter C.; White, Matthew W. - 2021

We study the electricity consumption of San Diego-area households following a series of price changes and related events during California's energy crisis in 2000-01. The analysis uses a five-year panel of disaggregate billing and weather data for a random sample of 70,000 households. In...

Persistent link: https://www.econbiz.de/10013248389