Elasticity of interfuel substitution between renewable and non-renewable energy is a key to establish effective climate change policy.This is the first study estimating the elasticity of substitution between different fossil fuels and renewable resources. We use twelve manufacturing industry level data for the OECD countries over 1995 to 2009. We find complementally relationship from non-renewa...

A majority of states in the United States have instituted Renewable Portfolio Standards (RPS), which require electric service providers to meet a portion of their demand using renewable energy resources. These requirements, along with state and federal incentives, are the main drivers for the construction of utility-scale renewable energy plants in the United States. In order to help understand...

The current electricity demand has asserted the mandatory requirement of establishing renewable energy systems. This paper reviews the major contributions on practically establishing the hybrid renewable energy systems. The contributions are investigated for its practical relevance with the growing demand, exploration of various renewable energy resources and performance accomplishment. The per...

Both developed and developing countries have committed to reduce their emissions through the increased use of renewable energy. This paper aims to compare renewable energy deployment in developed and developing countries represented by Australia and China. The paper firstly argues the validity of comparison of renewable energy deployment in Australia and China. Then, the governance structures i...

The intermittent nature of the renewable energies increases the operation costs of conventional generators. As the share of energy supplied by renewable sources increases, these costs also increase. In this paper, we quantify these costs by developing a market clearing price of energy in the presence of renewable energy and congestion constraints. We consider an electricity market where generat...

The renewable PUF was prepared by the alcoholysis of the used polyurethane foam composite and the polyurethane foam composite was also prepared by alkali lignin and renewable PUF. The renewable PUF was examined by GC-MS, the results showed the renewable PUF mainly consists of glycol, propanol and 1, 2-Benzenedicarboxylic acid, which can directly be used as the raw material of polyurethane foam ...

Renewable electricity development has taken different paths across countries. With few exceptions, the recent literature has focused on different policy frameworks for renewable energy development, for example, the differences between feed-in tariffs (FIT) and renewable portfolio standards (RPS). This study brings politics back in to the study of renewable energies. Feed-in tariffs, renewable p...

This paper by using Long-range Energy Alternatives Planning System (LEAP) constructs four different renewable energy scenarios for the Greek transport, energy, and industry sectors. By projecting the demand for renewable energy and the associated resulting carbon dioxide emissions up to the years 2020 and 2030, the paper applies in a second stage data envelopment analysis (DEA) evaluating the G...

Japan, South Korea, and Taiwan are deficient of domestic fossil energy sources and depend significantly on imported fuels. Since the oil shock in the 1970s, all three countries have promoted renewable energy as an alternative energy source to improve energy security. Currently, renewable energy is being promoted to build low-carbon economies. This study reviews the development of renewable ener...