全球智库信息集成服务系统(G2TT): Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w22454
来源ID	Working Paper 22454
	Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion?
	Elena Verdolini; Francesco Vona; David Popp
发表日期	2016-07-25
出版年	2016
语种	英语
摘要	The diffusion of renewable energy in the power system implies high supply variability. Lacking economically viable storage options, renewable energy integration has so far been possible thanks to the presence of fast-reacting mid-merit fossil-based technologies, which act as back-up capacity. This paper discusses the role of fossil-based power generation technologies in supporting renewable energy investments. We study the deployment of these two technologies conditional on all other drivers in 26 OECD countries between 1990 and 2013. We show that a 1% percent increase in the share of fast-reacting fossil generation capacity is associated with a 0.88% percent increase in renewable in the long run. These results are robust to various modifications in our empirical strategy, and most notably to the use of system-GMM techniques to account for the interdependence of renewable and fast-reacting fossil investment decisions. Our analysis points to the substantial indirect costs of renewable energy integration and highlights the complementarity of investments in different generation technologies for a successful decarbonization process.
主题	Development and Growth ; Innovation and R& ; D ; Environmental and Resource Economics ; Energy ; Environment
URL	https://www.nber.org/papers/w22454
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580128
推荐引用方式 GB/T 7714	Elena Verdolini,Francesco Vona,David Popp. Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion?. 2016.

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w22454.pdf（428KB）	智库出版物		限制开放	CC BY-NC-SA	浏览