Wind rights and access to natural wind flow raise important legal issues, policy questions, opportunities, and financial risks for landowners, their neighbors, and for wind facility developers. This is particularly evident with respect to the phenomenon called wake effect (downwind effect) that...

Using a large sample of 15-minute data for the 6-year period of 2016-2021, we analyse solar generation’s (SG’s) and wind generation’s (WG’s) per MWh revenues (“revenues” for short hereafter) in the renewable regions of the Electric Reliability Council of Texas (ERCOT). We find that...

This paper exploits the exogeneity of weather conditions to evaluate renewable energy (RE) subsidy programs in Germany and Spain in terms of their costs for reducing carbon dioxide emissions. We find that both the aggregate costs and the distribution of costs between energy producers and...

The European Union has set ambitious targets for emission reduction and the penetration of renewable energy, including the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the costs of renewables decreased strongly making...

The wind energy sector uses a mature yet continuously improving technology. The reliability of wind turbines and the efficiency of energy capture are both high, yet continue to improve with new designs, new components and new materials. Even non-technological aspects such as project management,...

In this paper, we address the challenge of Germany’s energy transition (Energiewende) as the centrepiece of the country’s green industrial policy. In addition to creating a sustainable foundation for Germany’s energy supply and contributing to global climate change objectives, the...

This paper examines the political economy of technology development in the context of South Africa's emerging utility-scale, privately generated renewable energy sector. Focussing on the wind and solar PV industries, the paper explores how international dynamics in manufacturing, investment and...