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Provedor de dados:  AgEcon
País:  United States
Título:  The Economic and Policy Setting of Renewable Energy: Where Do Things Stand?
Autores:  Darmstadter, Joel
Data:  2005-10-26
Ano:  2003
Palavras-chave:  Renewable energy
Electricity
Windpower
Externalities
Environmental Economics and Policy
Q21
L94
Resumo:  This paper looks at the status and prospects of renewables-with particular emphasis on windpower-in the electric power sector. Although renewables account for a steadily rising share of electricity generation in various countries, their role remains small in absolute terms. In part, this is because of technological progress of and successful competition from fossil-fueled generation-notably, combined cycle gas turbines. While diminishing, subsidies continue to be indispensable to the use of renewables in most places. Viability of renewables-based electricity is undermined by the cost of externalities for which fossil energy combustion is only partially charged. A number of countries (and states in the U.S.) have launched obligatory requirements for renewables-based electricity in the years ahead. This so-called "renewable portfolio standard," while technology-forcing, offers an opportunity for an economically efficient way of promoting greater market penetration of renewables.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  18647

http://purl.umn.edu/10777
Editor:  AgEcon Search
Relação:  Resources for the Future>Discussion Papers
Discussion Paper 03-64
Formato:  21

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