Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion?

Elena Verdolini, Francesco Vona and David Popp ()

Working Papers from eSocialSciences

Abstract: This paper discusses the role of fossil-based power generation technologies in supporting renewable energy investments. It studies the deployment of technologies conditional on all other drivers in 26 OECD countries between 1990 and 2013. It shows that a 1% percent increase in the share of fast-reacting fossil generation capacity is associated with a 0.88% percent increase in renewable in the long run. These results are robust to various modifications in the empirical strategy, and most notably to the use of system-GMM techniques to account for the interdependence of renewable and fast-reacting fossil investment decisions. [Working Paper 22454]

Keywords: renewable energy; power system; fossil-based technologies; OECD countries; decarbonization process (search for similar items in EconPapers)
Date: 2016-07
Note: Institutional Papers
References: Add references at CitEc
Citations: View citations in EconPapers (18)

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Related works:
Journal Article: Bridging the gap: Do fast-reacting fossil technologies facilitate renewable energy diffusion? (2018)
Working Paper: Bridging the gap: Do fast-reacting fossil technologies facilitate renewable energy diffusion? (2018)
Working Paper: Bridging the gap: Do fast-reacting fossil technologies facilitate renewable energy diffusion? (2018)
Working Paper: Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion? (2016)
Working Paper: Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion? (2016)
Working Paper: Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion? (2016)
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