Solar energy and the derived demand for electricity: an irrigated farm example

James C. Wade and Wally K. Lierman

No 291640, WAEA/ WFEA Conference Archive (1929-1995) from Western Agricultural Economics Association

Abstract: The potential utilization of solar generated electricity to pump water on irrigated farms presents several interesting challenges to farm managers. The cost of producing solar electricity with solar systems is not currently known. Examining several solar energy utilization alternatives shows that solar energy will most likely be utilized in an environment that provides an opportunity to sell excess power. The selection of crops on the average farm will change depending on the utilization pattern of solar electricity and the availability of water. The derived demand for electricity on an irrigated farm shows that farmers will not invest in solar power units without considerable subsidies even if the price of alternative energy triples from current lends.

Keywords: Demand and Price Analysis; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 12
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaar:291640

DOI: 10.22004/ag.econ.291640

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