Equilibrium transitions from non-renewable energy to renewable energy under capacity constraints

DOI10.1016/J.JEDC.2015.04.001zbMath1401.91479OpenAlexW2234911657MaRDI QIDQ1657555

Michel Moreaux, Jean-Pierre Amigues, Alain D. Ayong Le Kama

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://publications.ut-capitole.fr/15759/1/oil-solar-jedcrev8.pdf

zbMATH Keywords

adjustment costsenergy transitionrenewable energycapacity constraintsnon-renewable resource

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (4)

On the optimal accumulation of renewable energy generation capacity ⋮ Dynamic Models of the Firm with Green Energy and Goodwill with a Constant Size of the Output Market ⋮ Dynamic Models of the Firm with Green Energy and Goodwill ⋮ Optimal energy transition with variable and intermittent renewable electricity generation

Cites Work

• Capital investments and resource extraction from non-identical deposits
• On the profitability of exhausting natural resources
• On the optimal order of natural resource use when the capacity of the inexhaustible substitute is limited
• On the dynamics of competing energy sources
• The Transition to Nondepletable Energy: Social Planning and Market Models of Capacity Expansion
• On Two Folk Theorems Concerning the Extraction of Exhaustible Resources
• Adjustment Costs in the Theory of Investment of the Firm

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