IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v22y1989i2p328-39.html
   My bibliography  Save this article

A Ricardian Theory of Hydroelectric Power Development: Some Canadian Evidence

Author

Listed:
  • Jean-Thomas Bernard

Abstract

Once a hydroelectric power site is operational, its production is constrained both by the available hydraulic energy that drives the turbines and by the installed capacity that limits the pace at which hydraulic energy can be turned into electricity. Different costs are associated with these two constraints. Assuming generating equipment mix cost minimization, the optimal stacking order under the load duration curve is derived when production is stationary and when it is growing exponentially. The analysis throws some light on a fairly widespread feature of Canadian hydroelectric power development: limited hydro power. The history of hydro power site development in British Columbia, Manitoba, and Quebec displays features consistent with the analysis.

Suggested Citation

  • Jean-Thomas Bernard, 1989. "A Ricardian Theory of Hydroelectric Power Development: Some Canadian Evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 22(2), pages 328-339, May.
  • Handle: RePEc:cje:issued:v:22:y:1989:i:2:p:328-39
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0008-4085%28198905%2922%3A2%3C328%3AARTOHP%3E2.0.CO%3B2-J
    Download Restriction: only available to JSTOR subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Avetisyan, Misak & Bayless, David & Gnuni, Tigran, 2006. "Optimal expansion of a developing power system under the conditions of market economy and environmental constraints," Energy Economics, Elsevier, vol. 28(4), pages 455-466, July.
    2. MacLeod, Michael & Moran, Dominic & Spencer, Ian, 2006. "Counting the cost of water use in hydroelectric generation in Scotland," Energy Policy, Elsevier, vol. 34(15), pages 2048-2059, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:22:y:1989:i:2:p:328-39. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Werner Antweiler). General contact details of provider: http://edirc.repec.org/data/ceaaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.