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Changing Configuration of Alternative Energy Systems

Author

Listed:
  • Bhuyan, Radhika

    (UNU-MERIT)

  • Mytelka, Lynn K.

    (UNU-MERIT)

Abstract

Recent and rampant regulatory changes for sustainable development are seeking to transform current energy systems towards cleaner and greener forms of energy sources. In this scenario, alternative energy technologies are considered the building blocks towards this transformed energy system. This chapter will show how the alternative energy market since the 1970s changed, in response to external oil price shocks and to other selective pressures and institutions. It will observe that the configuration of the market has been changing since 1970s, in terms of firm-composition, size and types of technologies considered in the green energy mix. It will further provide three explanations explaining why there are changes between firms, policies and these energy technologies. These three processes are considered important in determining technological innovation among firms in clean and green energy technologies.

Suggested Citation

  • Bhuyan, Radhika & Mytelka, Lynn K., 2008. "Changing Configuration of Alternative Energy Systems," MERIT Working Papers 2008-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2008031
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    File URL: https://www.merit.unu.edu/publications/wppdf/2008/wp2008-031.pdf
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    Keywords

    Renewable Energy; New Technologies; Firm Competition; Technology Policy; Energy Technologies;
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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