Skip to Main Navigation

Optimal transition from coal to gas and renewable power under capacity constraints and adjustment costs (anglais)

This paper studies the optimal transition from existing coal power plants to gas and renewable power under a carbon budget. It solves a model of polluting, exhaustible resources with capacity constraints and adjustment costs (to build coal, gas, and renewable power plants). It finds that optimal investment in renewable energy may start before coal power has been phased out and even before investment in gas has started, because doing so allows for...
Voir la suite

INFORMATION

TÉLÉCHARGER

RAPPORT COMPLET

Version officielle du document (peut inclure des signatures etc…)

This document is being processed or is not available.