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Large Scale Deployment of Renewables for Electricity Generation

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Author Info
Neuhoff, K.

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Abstract

Comparisons of resource assessments suggest resource constraints are not an obstacle to the large-scale deployment of renewable energy technologies. Economic analysis identifies barriers to the adoption of renewable energy sources resulting from market structure, competition in an uneven playing field and various non-market place 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. The paper suggests significant contributions from various technologies, but does not assess their optimal or maximal market share.

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File URL: http://www.econ.cam.ac.uk/electricity/publications/wp/ep59.pdf
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Publisher Info
Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0460.

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Length: 36
Date of creation: Oct 2004
Date of revision:
Handle: RePEc:cam:camdae:0460

Note: CMI, IO
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Web page: http://www.econ.cam.ac.uk/index.htm

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Related research
Keywords: technology policy renewable energy learning externalities market structure

Other versions of this item:

Find related papers by JEL classification:
Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Investment, or Financing
Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

Cited by:
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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 2008-7-26.

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