We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The analysis is conducted using policy and patent data for a large sample of 194 countries and territories. The policy data allows distinguishing two dimensions of regulation, i.e....

The main aim of this paper is to observe the environmental behaviour in some cities of the word, by analyzing for each city the trends of several energy and emissions indicators that appear as explanatory variables in both energy and labour average productivity equations. At the same time we...

SUMMARY - In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period 1985-2011...

What will come first - non-acceptable global warming or extinction of oil reserves? Both processes can bring substantial costs to the mankind, but their order has important economic implications. The answer to this question will either lower oil price in the long run or will lead to its further...

Renewable energy production is an alternative to traditional energy resources that are being depleted, these new resources will gradually replace the exhausting energies by combining the three main features of the present century, so that sustainable development, energy security and...

An entrepreneurial perspective to introduction of sustainable energy solutions to the market has been recognized as important for decades, but mainly concerning large firms. Today, attention is increasingly turning to young high-technology ventures which, compared to large incumbents, are more...

We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when carbon pricing is imperfect. This policy is...

In most European countries in the energy sector, a reconsideration of renewable energy priorities is taking place, increasing consumer safety and protecting the environment through the use of renewable energy sources that provide an affordable and guaranteed solution in the medium and long term....

Energy is an area of strategic and vital importance for Romania's economic development. At national level there is a wide activity of using biomass for the production of electricity and heat, determined by the requirements of the European Union's energy policy to reduce CO2 emissions. The...