Click here to register!
Costs and benefits of energy transition
Overall Concept
The study of whether energy transition towards 100% renewables is socially and economically feasible is yet under hot debates. Some famous debates recently in the scientific communities includes the attacks on Mark Z. Jacobson's 100% RE studies[1][2][3] and also T.W. Brown's response to a critical review of 100 % RE systems[4][5].
In these debates, the question of how much an energy system with 100% renewables costs is often the main reason both parties disagree with each other. Therefore, it may be important to know how a solid, dynamic, and system oriented analysis on the costs and benefits of energy transition should look like.
In short, there are three scales of CBA (cost-benefit analysis) one should consider for such full scale overview. On the energy system level, the microeconomic level, and the macroeconomic level.
Effects on Energy Systems
Microeconomic (Distributional) Effects
Macroeconomic Effects
References
- ↑ Mark Z. Jacobson, Mark A. Delucchi, Mary A. Cameron, Bethany A. Frew, Low-cost solution to the grid reliability problem with100% penetration of intermittent wind, water, andsolar for all purposes, 2015
- ↑ Christopher T. M. Clack et. al, Evaluation of a proposal for reliable low-cost gridpower with 100% wind, water, and solar, 2017
- ↑ Mark Z.Jacobson, Mark A. Delucchi, Mary A. Cameron, Brian V. Mathiesen, Matching demand with supply at low cost in 139 countries among 20 world regions with 100% intermittent wind, water, and sunlight(WWS) for all purposes, 2018
- ↑ Burden of proof: A comprehensive review of the feasibility of 100% renewable-electricity systems
- ↑ T.W. Brown, T. Bischof-Niemz, K. Blok, C. Breyer, H. Lund, B.V. Mathiesen, Response to ‘Burden of proof: A comprehensive review of the feasibility of100% renewable-electricity systems’, 2018
