(Mis)allocation of Renewable Energy Sources

Stefan Lamp
Mario Samano
Publication typeJournal Article
Publication date2023-01-01
scimago Q1
wos Q1
SJR3.361
CiteScore5.2
Impact factor3.2
ISSN23335955, 23335963
Management, Monitoring, Policy and Law
Nature and Landscape Conservation
Economics and Econometrics
Abstract
Policies to incentivize the adoption of renewable energy sources (RES) usually offer little flexibility to adapt to heterogeneous benefits across locations. We evaluate the geographical misallocation of RES associated with the uniform nature of subsidies. We estimate the dispersion of marginal benefits from solar production in Germany and compute the social and private benefits from optimal reallocations of residential solar installations keeping total capacity fixed. We find that total value of solar would increase by 6.4% relative to the current allocation using conservative values for solar penetration. Reallocating all solar and taking into account transmission would yield considerably larger gains.
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GOST |
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GOST Copy
Lamp S., Samano M. (Mis)allocation of Renewable Energy Sources // Journal of the Association of Environmental and Resource Economists. 2023. Vol. 10. No. 1. pp. 195-229.
GOST all authors (up to 50) Copy
Lamp S., Samano M. (Mis)allocation of Renewable Energy Sources // Journal of the Association of Environmental and Resource Economists. 2023. Vol. 10. No. 1. pp. 195-229.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.1086/720722
UR - https://doi.org/10.1086/720722
TI - (Mis)allocation of Renewable Energy Sources
T2 - Journal of the Association of Environmental and Resource Economists
AU - Lamp, Stefan
AU - Samano, Mario
PY - 2023
DA - 2023/01/01
PB - University of Chicago Press
SP - 195-229
IS - 1
VL - 10
SN - 2333-5955
SN - 2333-5963
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2023_Lamp,
author = {Stefan Lamp and Mario Samano},
title = {(Mis)allocation of Renewable Energy Sources},
journal = {Journal of the Association of Environmental and Resource Economists},
year = {2023},
volume = {10},
publisher = {University of Chicago Press},
month = {jan},
url = {https://doi.org/10.1086/720722},
number = {1},
pages = {195--229},
doi = {10.1086/720722}
}
MLA
Cite this
MLA Copy
Lamp, Stefan, and Mario Samano. “(Mis)allocation of Renewable Energy Sources.” Journal of the Association of Environmental and Resource Economists, vol. 10, no. 1, Jan. 2023, pp. 195-229. https://doi.org/10.1086/720722.