This paper studies energy conversion technology adoption in the electricity supply sector from the perspective of irreversible investments under uncertainty, and with a particular interest in environmental sustainability. We develop a dynamic technology adoption model that is firmly rooted in...

This study presents a policy planning model that integrates learning curve information on renewable power generation technologies into a dynamic programming formulation featuring real options analysis. The model recursively evaluates a set of investment alternatives on a year-by-year basis,...

The municipal utilities of Basel (IWB) are in the process of building a 30 MW wood-fired CHP plant in the city of Basel, a project idea that was initially propelled by visionaries from the forest sector. The plant is attractive both politically and from a business perspective, as several goals...

This paper reports on an empirical investigation about the economic and CO2 mitigation impacts of bioenergy promotion in the Austrian federal province of Vorarlberg. We study domestic value added, employment and fiscal effects by means of a static input-output analysis. The bioenergy systems...