A dynamic modelling for heavy-tailed cylindrical time series is developed by combining score-driven models with a generalised Pareto-type cylindrical distribution. The proposed specification extends existing cylindrical models by allowing location, scale, concentration, and crucially, the tail...

This paper identifies electricity supply shocks by exploiting the fact that variations in wind speed at turbine locations are exogenous with respect to macroeconomic outcomes and drive electricity prices in European wholesale markets inframarginally. Instrumenting electricity price changes with...

The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

Objective: The article aims to examine the impact of technological investments on the development of wind energy and photovoltaics in Central and Eastern European countries (CEE) belonging to the EU. Research Design & Methods: In the analysis of the impact of expenditure on technical...

This paper provides ex-post empirical evidence on the effects of green technology support policies, in comparison with other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic panel estimation for a sample of 38 countries over the...

The late 20th and early 21st centuries witnessed significant global changes, including transformative shifts that have profoundly impacted the world economy. Energy consumption plays a pivotal role in both the competitiveness of goods and the achievement of sustainable economic growth. In this...

Germany's current government is planning to realign its energy transition. Against this backdrop, this report provides an overview of current developments in key technologies and indicators for flexibility in the electricity sector. For photovoltaics, growth appears to be leveling off,...

Wind turbines offer significant environmental benefits but also create negative local externalities, such as noise and visual pollution, which can lead to local tensions and community resistance against the energy transition. This paper examines negative and positive externalities associated...

Iceland's significant onshore wind energy potential remains untapped, with no operational wind farms despite recognized opportunities for over a decade. Two wind energy projects, approved under Iceland's Master Plan for Nature Protection and Energy Utilization - a legally enshrined...

Weibull distribution is extensively used for wind resource assessment in fitting wind speed frequency distribution because of its reliability and simplicity. Its precision is highly dependent on the parameter estimation methods and different methods may result in varied results. This paper...

Accurate wind power forecasting is crucial for the effective scheduling and scientific management of wind energy, enhancing the safety and reliability of power grids. To handle the inherent intermittency of wind energy, forecasting methodologies have evolved from traditional statistical models...

The spatial distribution of future renewable capacities is a key determinant for developing appropriate grid expansion plans. This is particularly relevant for onshore wind energy. Existing studies mostly extrapolate future installations based on existing capacities and available sites. As wind...

This paper identifies electricity supply shocks by exploiting the fact that variations in wind speed at turbine locations are exogenous with respect to macroeconomic outcomes and drive electricity prices in European wholesale markets inframarginally. Instrumenting electricity price changes with...

This study assesses the incentive compatibility of different elicitation formats for estimating willingness to accept (WTA) in the field. We assess the convergent validity of standard and theorydriven (i.e. based on mechanism-design theory) versions of the double-bounded binary choice (DB) and...

Small-scale wind turbines are essential energy sources for hospitals because they have several advantages, such as lower maintenance costs and the possibility of customization. However, small-scale wind energy projects often have high capital requirements. Many factors affect the performance of...

Viet Nam has pledged to achieve net-zero emissions by 2050. This will require increasing diversity in Viet Nam's electricity supply, a transition to renewable electricity generation, and a reduction in the dependence on coal for electricity generation. Offshore wind holds significant potential...

Este informe analiza y destaca la oportunidad de Colombia para posicionarse como un actor clave a nivel global en el suministro de combustibles basados en hidrógeno verde para el transporte marítimo y otros sectores. El análisis evaluó la incipiente economía del hidrógeno verde en Colombia...

Replacing fossil fuels with renewable energy sources, including wind and solar power, is a validated approach for mitigating carbon emissions. To maximize renewable energy potential and account for costs and impacts of low carbon energy transitions, research models or modelling tools must...

Over the past few decades, there has been significant development in actions aimed at global energy transition, with the goal of reducing greenhouse gas emissions. The energy sector plays a significant role in this endeavor, contributing 76% of the world's total emissions. Considering...

Deployment of new onshore wind power faces challenges due to growing resistance, prompting increased interest in the development of effective deployment strategies. One approach is to examine historical deployment to identify factors shaping its distribution within a country. Current literature...

Canada has set a target to become net zero by 2050. One of the key pathways for achieving this goal and supporting electrified demand is to expand variable renewable energy capacities. Such integration requires flexibility measures to respond to inherited variability, such as a reactive...