We analyze the causal impact of the U.S. shale gas revolution on technological innovation in the electricity generation sector. Using a country-level data set of electricity patents from 1978-2018, we find that the U.S. shale gas revolution led to a 1.60 decrease in the ratio of green to fossil-fuel electricity patents and a 0.93 decrease…
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Energy Market Integration and Electricity Trade
This paper explores energy trade in the electricity market by undertaking a comprehensive empirical analysis of the effect of Europe’s progressive Energy Market Integration (EMI). Its aim is to quantify the effect of EMI on electricity trade in Europe in order to derive corresponding evidenced- based policy implications. The empirical strategy employs standard goods trade…
Do Almost Mature Renewable Energy Technologies Still Need Dedicated Support Towards 2030?
The discussion on whether and how to continue support for almost mature renewable electricity (RES-E) technologies, such as onshore wind and PV, has recently intensified. In this paper we analyze arguments in the literature in favor and against the phase-out of renewables support in the context of increasingly competitive RES-E technologies. We conclude that there…
Book Reviews
(Anti) Competitive Effects of RES Infeed in a Transmission-Constrained Network
Many countries are adding substantial capacities of wind- and solar-based power generation to their portfolios. While ownership of conventional capacities is typically concentrated, renewable energy (RES) is often provided by new, independent producers. Hence, one might expect competitive pressure to increase as RES production is ramped up. However, the best locations for RES are often…
Decentral Electrification, Network Interconnection, and Local Power Markets – An Introduction
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Mexico’s Energy Prospects: Gains from Renewable Sources Over A Fossil Fuel-Dominated Environment
Changing political conditions in Mexico threatens the future of clean energy in the country. A competitive electricity market and ambitious environmental goals were among the priorities of the previous administration, but the current administration aims to increase revenues from the national power company and acquire control of the electricity market at the expense of consumer…
Book Reviews
The Impact of Policy on the Efficiency of Solar Energy Plants in Spain: A Production-Frontier Analysis
The analysis of the impact of remuneration schemes for renewable electricity, and solar photovoltaics (PV) in particular, on the effectiveness of renewable energy deployment and the total costs of support has received a considerable attention in the past. In contrast, the literature on the effects of deployment support on productive efficiency and, more specifically, on…