I provide evidence about the effects of induced biased technical change as a main determinant of solar and wind energies adoption. This study presents an empirical framework based on an input demand function for electricity production. Implementing this model helps us to understand what is...

The global transition towards sustainable, secure, and affordable electricity supply is driving changes in the consumption, production, and transportation of electricity. This paper shows the different policy aims that are promoted with smart grids in Europe, the United States, and China. In all...

The paper investigates the effect of electricity liberalisation on the variety of clean energy patent' search space to asses whether a more competitive electricity market can foster the development of radical clean-energy technologies. This idea is tested using a cross-section of patents filed...

The paper investigates the effect of electricity liberalisation on the variety of clean energy patent’ search space to asses whether a more competitive electricity market can foster the development of radical clean-energy technologies. This idea is tested using a cross-section of patents filed...

We examine the decision problem of a power producer contemplating an upgrade of its current generation capacity based on a fossil fuel technology (gas plant), when price processes have affine drift and differentiable volatility functions. The operator can choose the best of four mutually...

Despite the considerable volume of research on technology commercialization, the role of complementary assets in driving technology commercialization decisions remains controversial. In this paper, we provide a balanced perspective that integrates notions from transaction costs, firm...

In this paper we compare development trends, economics and financial risks of alternative large-scale solar power generation technologies (parabolic trough, solar tower, and three different photovoltaic technologies). In particular, a number of European countries, Algeria and the US promote...