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Climate Notes: Prices for Wind and Solar Energy Fall Unexpectedly Fast - Background, Impact and Outlook

Author

Listed:
  • Adelina Jashari
  • Jana Lippelt
  • Marie-Theres von Schickfus

Abstract

Renewable energies are playing an increasingly important role in the energy system: in 2016 their share of global primary energy consumption totalled 9%, after growing twice as fast as primary energy needs at an annual rate of 4% since 2000. The speed and extent of growth far exceeded all expectations arising from scenarios and forecasts. This article offers an overview of developments and outlines expectations with regard to the expansion of renewable energies.

Suggested Citation

  • Adelina Jashari & Jana Lippelt & Marie-Theres von Schickfus, 2018. "Climate Notes: Prices for Wind and Solar Energy Fall Unexpectedly Fast - Background, Impact and Outlook," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(04), pages 60-67, February.
    • Handle: RePEc:ces:ifosdt:v:71:y:2018:i:04:p:60-67
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    File URL: https://www.ifo.de/DocDL/sd-2018-04-lippelt-etal-kzk-auktionen-2018-02-22.pdf
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    References listed on IDEAS

    as
    1. David M. Newbery, 2017. "Pricing Electricity and Supporting Renewables in Heavily Energy Subsidized Economies," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
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    More about this item

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices

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