Date: 2017
Type: Article
Renewable energy and its impact on thermal generation
Energy economics, 2017, Vol. 66, pp. 421-430
GRAF, Christoph, MARCANTONINI, Claudio, Renewable energy and its impact on thermal generation, Energy economics, 2017, Vol. 66, pp. 421-430
- https://hdl.handle.net/1814/74995
Retrieved from Cadmus, EUI Research Repository
Electricity production from renewable sources generally displaces thermal generation, which leads to lower CO2 emissions in the power sector. However, the intermittent nature of many renewable technologies in combination with less residual demand leads to greater inefficiencies in the operation of existing fossil power plants. This inefficiency translates into a higher rate of emissions relative to output. In this paper we focus on Italian power installations between 2005 and 2014. Using panel econometrics, we show that a 10% increase in photovoltaics and wind infeed has reduced yearly CO2 emissions of the average thermal installation by about 2% while the average plants emissions relative to its output have increased by about 0.3%.
Additional information:
Available online: 24 July 2017
Cadmus permanent link: https://hdl.handle.net/1814/74995
Full-text via DOI: 10.1016/j.eneco.2017.07.009
ISSN: 0140-9883; 1873-6181
Publisher: Elsevier
Initial version: http://hdl.handle.net/1814/39645
Version: Published version of EUI RSCAS Working Paper 2016/16
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