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DOI | 10.1016/j.enpol.2022.113134 |
Economic and environmental impacts of public investment in clean energy RD&D | |
Castrejon-Campos, Omar; Aye, Lu; Hui, Felix Kin Peng; Vaz-Serra, Paulo | |
发表日期 | 2022 |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
卷号 | 168页码:16 |
英文摘要 | Learning curve theory has been adopted for investigating the relationship between technological learning and technology cost developments. The aim of this paper is to explore the impacts of public investment in clean energy research, development, and demonstration (RD&D) on future technology cost developments by using a two-factor learning curve approach. Learning-by-deploying and learning-by-researching were chosen as the main sources of learning. The focus is on onshore wind and solar photovoltaics in the United States of America. By using publicly available data, we estimated learning-by-deploying rates of 31.4% and 27.6%; and learning-by -researching rates of 2.3% and 4.7% for onshore wind and solar PV, respectively. By adopting a logistic curve approach, an additional $1322 and $819 mil. were forecast to be spent by 2050 in RD&D for onshore wind and solar PV, respectively. We explored the plausible long-term effects of diverse RD&D investment scenarios on electricity generation and greenhouse gas (GHG) emissions using a system dynamics model. The findings reveal that public investment in RD&D for clean energy technologies may play a key role in the pace of capital cost reductions and technology diffusion. However, relatively little long-term effects of RD&D efforts alone were found on market dynamics and GHG emissions. |
英文关键词 | Technological Learning; Learning curve; Energy RD & Clean energy; Innovation diffusion; Knowledge stock |
学科领域 | Economics; Energy & Fuels; Environmental Sciences; Environmental Studies |
语种 | 英语 |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
WOS记录号 | WOS:000828175900010 |
来源期刊 | ENERGY POLICY
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/272398 |
作者单位 | University of Melbourne; University of Melbourne |
推荐引用方式 GB/T 7714 | Castrejon-Campos, Omar,Aye, Lu,Hui, Felix Kin Peng,et al. Economic and environmental impacts of public investment in clean energy RD&D[J],2022,168:16. |
APA | Castrejon-Campos, Omar,Aye, Lu,Hui, Felix Kin Peng,&Vaz-Serra, Paulo.(2022).Economic and environmental impacts of public investment in clean energy RD&D.ENERGY POLICY,168,16. |
MLA | Castrejon-Campos, Omar,et al."Economic and environmental impacts of public investment in clean energy RD&D".ENERGY POLICY 168(2022):16. |
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