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Large-Scale Deployment of Renewables for Electricity Generation

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Author Info
Karsten Neuhoff

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Abstract

Comparisons of resource assessments suggest that sufficient renewable energy resources are available to allow for large-scale deployment of renewable energy technologies. Economic analysis identifies barriers to the adoption of renewable energy sources resulting from (i) market structure, (ii) competition in an uneven playing field, and (iii) various non-marketplace barriers. However, even if these barriers are removed, the problem of 'technology lock-out' remains. The key policy response is strategic deployment coupled with increased R&D support to accelerate the pace of improvement through market experience. This paper suggests significant contributions from various technologies are possible, but does not assess their optimal or maximal market share. Copyright 2005, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 21 (2005)
Issue (Month): 1 (Spring)
Pages: 88-110
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Handle: RePEc:oup:oxford:v:21:y:2005:i:1:p:88-110

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  1. Neuhoff, K. & Sellers, R., 2006. "Mainstreaming New Renewable Energy Technologies," Cambridge Working Papers in Economics 0624, Faculty of Economics, University of Cambridge. [Downloadable!]
  2. Grubb, M. & Butler, L. & Sinden, G., 2005. "Diversity and Security in UK Electricity Generation: The Influence of Low Carbon Objectives," Cambridge Working Papers in Economics 0511, Faculty of Economics, University of Cambridge. [Downloadable!]
    Other versions:
  3. Alberth, S. & Hope, C., 2006. "Developing the PAGE2002 Model with Endogenous Technical Change," Cambridge Working Papers in Economics 0632, Faculty of Economics, University of Cambridge. [Downloadable!]
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This page was last updated on 2008-6-16.


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