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来源类型Article
规范类型其他
DOI10.1016/j.eneco.2015.09.010
Growth and competition in the renewable energy industries: Insights from an integrated assessment model with strategic firms.
Leibowicz BD
发表日期2015
出处Energy Economics 52 (A): 13-25
出版年2015
语种英语
摘要This article describes the development, implementation, and application of an integrated assessment modeling framework featuring renewable technology markets with producers engaged in Cournot competition. Scenario results reveal how climate policy and inter-firm learning spillovers interact with market structure to affect wind and solar PV prices, adoption, producer profits, and carbon emissions. Competitive markets yield consistently lower markups than concentrated markets, leading to significantly more adoption and lower emissions. Widespread solar PV adoption is a key component of the largest emissions reductions, but this require substantial price reductions that only occur if the solar PV market is competitive and learning spills over across producers. Whether a leading firm has a profit incentive to facilitate or obstruct learning spillovers depends on the availability of cost-competitive substitute technologies. If such a substitute exists, the firm prefers strong spillovers that help its industry compete against the substitute; if not, the firm prefers weak spillovers that prevent competitors in its industry from seizing market share. The relationship between price and cumulative capacity is endogenous in the modeling framework. Regression analysis of scenario results yields price learning rates which are similar to unit production cost learning rates in competitive markets, but substantially lower - even negative - in concentrated markets.
主题Energy (ENE)
关键词technological change market structure integrated assessment renewable energy learning by doing
URLhttp://pure.iiasa.ac.at/id/eprint/11346/
来源智库International Institute for Applied Systems Analysis (Austria)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/130289
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Leibowicz BD. Growth and competition in the renewable energy industries: Insights from an integrated assessment model with strategic firms.. 2015.
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