An assessment of the optimal timing and size of investments in concentrated solar power

Energy Economics

Volumn 38, Issue , 2013, Pages 186-203

  Massetti, Emanuele ^a,b,c   Ricci, Elena Claire ^b,c,d  

^a YALE UNIVERSITY   (United States)

^b FONDAZIONE ENI ENRICO MATTEI   (Italy)

^c CENTRO EURO MEDITERRANEO SUI CAMBIAMENTI CLIMATICI   (Italy)

^d UNIVERSITY OF MILAN   (Italy)

Author keywords

Climate policy; Concentrated solar power; Electricity trade; Integrated assessment; Renewable energy; Super grids

Indexed keywords

CLIMATE POLICY; CONCENTRATED SOLAR POWER; ELECTRICITY TRADE; INTEGRATED ASSESSMENT; RENEWABLE ENERGIES; SUPER-GRIDS;

CARBON CAPTURE; CARBON DIOXIDE; CLIMATE CHANGE; COMMERCE; COSTS; ELECTRICITY; GREENHOUSE GASES; OPTIMIZATION; SOLAR ENERGY; SOLAR POWER PLANTS;

CONSTRAINT SATISFACTION PROBLEMS;

ALTERNATIVE ENERGY; CARBON DIOXIDE; CONCENTRATION (COMPOSITION); ELECTRICITY; ENERGY MARKET; ENVIRONMENTAL POLICY; GREENHOUSE GAS; INVESTMENT; OPTIMIZATION; RENEWABLE RESOURCE; SOLAR POWER; SUBSIDY SYSTEM; TRADE; WELFARE IMPACT;

EAST AFRICA; EASTERN EUROPE; NORTH AFRICA; UNITED STATES; WESTERN EUROPE;

EID: 84877048903     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2013.02.012     Document Type: Article

References (39)

1. Arce P., Medrano M., Gil A., Oró E., Cabeza L.F. Overview of thermal energy storage (TES) potential energy savings and climate change mitigation in Spain and Europe. Appl. Energy 2011, 88(8):2764-2774.
2. Arvizu D., Balaya P., Cabeza L., Hollands T., Jäger Waldau A., Kondo M., Konseibo C., Meleshko V., Stein W., Tamaura Y., Xu H., Zilles R. Direct Solar Energy. IPCC Special Report on Renewable Energy Sources and Climate Change Mitigation 2011, Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA. O. Edenhofer, R. Pichs Madruga, Y. Sokona, K. Seyboth, P. Matschoss, S. Kadner, T. Zwickel, P. Eickemeier, G. Hansen, S. Schlömer, C. von Stechow (Eds.).
3. Bauer N., Edenhofer O., Jakob M., Ludig S., Lüken M. Electricity Trade among World Regions. Trade Theoretic Foundation of Energy-Economy Models, Potsdam-Institute for Climate Impact Research (PIK), Germany, November 14 2008 2008.
4. Bosetti V., Carraro C., Galeotti M., Massetti E., Tavoni M. WITCH: A World Induced Technical Change Hybrid Model. The Energy Journal, Special Issue on Hybrid Modeling of Energy-Environment Policies: Reconciling Bottom-up and Top-down 2006, 13-38.
5. Bosetti V., Massetti E., Tavoni M. The WITCH model: structure, baseline and solutions. FEEM Working Paper 10-2007, Milan 2007.
6. Bosetti V., Carraro C., Galeotti M., Massetti E., Tavoni M. Optimal Energy Investment and R&D Strategies to Stabilise Greenhouse Gas Atmospheric Concentrations. FEEM Working Paper 95-2007, Milan 2007.
7. Bosetti V., Carraro C.M., Massetti E., Sgobbi A., Tavoni M. Optimal energy investment and R&D strategies to stabilise greenhouse gas atmospheric concentrations. Resour. Energy Econ. 2009, 31-2:123-137.
8. Bosetti V., Catenacci M., Fiorese G., Verdolini E. The future prospect of PV and CSP solar technologies: an expert elicitation survey. Energy Policy 2012, 10.1016/j.enpol.2012.06.024.
9. Breyer C., Knies G. Global Energy Supply Potential of Concentrating Solar Power. Proceedings SolarPaces 2009, Berlin 2009.
10. Bruckner T., Chum H., Jäger Waldau A., Killingtveit Å., Gutiérrez Negrín L., Nyboer J., Musial W., Verbruggen A., Wiser R. Annex III: Cost Table. IPCC Special Report on Renewable Energy Sources and Climate Change Mitigation 2011, Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA. O. Edenhofer, R. Pichs Madruga, Y. Sokona, K. Seyboth, P. Matschoss, S. Kadner, T. Zwickel, P. Eickemeier, G. Hansen, S. Schlömer, C. von Stechow (Eds.).
11. Chien J.C. Concentrating Solar Thermal Power: A Viable Alternative in China's Energy Supply, Master Thesis 2009, Lauder Institute of International Studies.
12. Coase R.H. The problem of social cost. J. Law Econ. 1960, 3(1):1-44.
13. Czisch, G., 2004. Least-cost European/Transeuropean electricity supply entirely with renewable Energies, unpublished paper.
14. ECF Roadmap 2050. A practical guide to a prosperous low carbon Europe 2010, European Climate Foundation.
15. Enermodal Engineering Limited Cost reduction study for solar thermal power plants 1999, Prepared for, The World Bank.
16. IEA Renewables for Power Generation. Status & Prospects 2003, International Energy Agency, Paris, France.
17. IEA Energy Technologies Perspectives 2008 2008, International Energy Agency, Paris, France.
18. IEA Energy Technology Perspectives 2010 2010, International Energy Agency, Paris, France.
19. IEA Technology Roadmap: Concentrating Solar Power 2010, International Energy Agency, Paris, France.
20. IEA World Energy Outlook 2010 2010, International Energy Agency, Paris, France.
21. Jacobson M.Z., Delucchi M.A. Providing all global energy with wind, water, and solar power, Part I: technologies, energy resources, quantities and areas of infrastructure, and materials. Energy Policy 2010, 11-40.
22. Joskow P.L. Creating a smarter U.S. electricity grid. J. Econ. Perspect. 2012, 26(1):29-48.
23. Kaltschmitt M., Streicher W., Wiese A. Renewable Energy 2007, Springer.
24. Kearney D. Concentrating Solar Power Systems. National Center for Photovoltaics and Solar Program Review Meeting Proceedings, 24-26 March 2003, Denver, Colorado (CD-ROM). NREL/CD-520-33586 2003, National Renewable Energy Laboratory, Golden, Colorado.
25. Krey V., Clarke L. Role of renewable energy in climate mitigation: a synthesis of recent scenarios. Clim. Pol. 2011, 11:1131-1158.
26. Massetti E., Sferra F. A Numerical Analysis of Optimal Extraction and Trade of Oil under Climate Policy. Working Papers 2010.113 2010, Fondazione Eni Enrico Mattei, Available at: http://www.feem.it/getpage.aspx?id=3448&sez=Publications&padre=73.
27. May, N., 2005. Eco-balance of Solar Electricity Transmission from North Africa to Europe, Diploma Thesis, Technical University of Braunschweig.
28. Meyer A. Contraction and Convergence. The Global Solution to Climate Change 2000, Green Books for the Schumaker Sociey, Foxhole, Devon, UK.
29. Neij L. Cost development of future technologies for power generation - A study based on experience curves and complementary bottom-up assessments. Energ Policy 2008, 36:2200-2211.
30. Patt A., Battaglini A., Komendantova N., Lilliestam J. Linking North Africa's Renewable Energy Resources to Europe: Policy Challenges. Background Paper for a Scientific Workshop International Institute for Applied Systems Analysis, Laxenburg, Austria, 24-26 November 2008 2008.
31. Richter C., Teske S., Nebrera J.A. Concentrating Solar Power Global Outlook 09. Greenpeace International/European Solar Thermal Electricity Association (ESTELA)/IEA SolarPACES, Report 2009.
32. Streater S. 1000-Megawatt Plant in Calif. Marks New Milestone in Solar Expansion 2010, The New York Times, (26-8-2010).
33. Trieb F. Trans-Mediterranean Interconnection for Concentrationg Solar Power 2006, German Aerospace Center (DLR).
34. Trieb F. Combined Solar Power and Desalination Plants: Techno-Economic Potential in Mediterranean Partner Countries 2009, German Aerospace Center (DLR).
35. Trieb F. Global Potential of Concentrating Solar Power. Proceedings SolarPaces 2009, Berlin 2009.
36. Trieb F., Müller-Steinhagen H. The DESERTEC concept. Clean power from the deserts: the DESERTEC concept for energy,water and climate security, White Paper 2007, 23-44. TREC, Hamburg, http://www.desertec.org/downloads/articles/trec_white_paper.pdf Accessed 25 August 2008. G. Knies, U. Möller, M. Straub (Eds.).
37. Ummel K., Wheeler D. Desert Power: The Economics of Solar Thermal Electricity for Europe. North Africa, and the Middle East, Center for Global Development Working Paper Number 156 2008.
38. US DOE Solar Energy Technologies Programme, Multi Year Program Plan 2008-2012 2008, U.S. Department of Energy (US DOE), Washington, DC, USA.
39. Williges K., Lilliestam J., Patt A. Making concentrated solar power competitive with coal: the costs of a European feed-in tariff. Energy Policy 2010, 38(6):3089-3097.