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Measuring the Contribution to the Economy of Investments in Renewable Energy: Estimates of Future Consumer Gains AgEcon
MacAuley, Molly K.; Shih, Jhih-Shyang; Aronow, Emily; Austin, David H.; Bath, Tom; Darmstadter, Joel.
In this paper we develop a cost index-based measure of the expected consumer welfare gains from innovation in electricity generation technologies. To illustrate our approach, we estimate how much better off consumers would be from 2000 to 2020 as renewable energy technologies continue to be improved and gradually adopted, compared with a counterfactual scenario that allows for continual improvement of conventional technology. We proceed from the position that the role and prospects of renewable energy are best assessed within a market setting that considers competing energy technologies and sources. We evaluate five renewable energy technologies used to generate electricity: solar photovoltaics, solar thermal, geothermal, wind, and biomass. For each, we...
Tipo: Working or Discussion Paper Palavras-chave: Energy economics; Technical change; Resource /Energy Economics and Policy; Q4; O3.
Ano: 2002 URL: http://purl.umn.edu/10588
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Can Power from Space Compete? AgEcon
MacAuley, Molly K.; Darmstadter, Joel; Fini, John N.; Greenberg, Joel S.; Maulbetsch, John S.; Schaal, A. Michael; Styles, Geoffrey S.W.; Vedda, James A..
Satellite solar power (SSP) has been suggested as an alternative to terrestrial energy resources for electricity generation. In this study, we consider the market for electricity from the present to 2020, roughly the year when many experts expect SSP to be technically achievable. We identify several key challenges for SSP in competing with conventional electricity generation in developed and developing countries, discuss the role of market and economic analysis as technical development of SSP continues during the coming years, and suggest future research directions to improve understanding of the potential economic viability of SSP.
Tipo: Working or Discussion Paper Palavras-chave: Energy economics; Solar power; Space; Satellites; Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/10542
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