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acre. This paper analyzes the patterns of groundwater exploitation when resource users in the area overlying a common aquifer are
heterogeneous. In the presence of user heterogeneity, the common resource problem consists of inefficient dynamic and spatial
allocation of groundwater because it impacts income distribution not only across periods but also across farmers. Under
competitive allocation, smaller farmers pump groundwater faster if farmers have a constant marginal periodic utility of income.
However, it is possible that larger farmers pump faster if the Arrow-Pratt coefficient of relative risk-aversion is sufficiently...
Tipo: Conference Paper or Presentation
Palavras-chave: Common property resource; Groundwater; Majorization; Resource /Energy Economics and Policy.
Ano: 2007
URL: http://purl.umn.edu/9798
Measuring the Contribution to the Economy of Investments in Renewable Energy: Estimates of
Future Consumer Gains
Provedor de dados: 31
Autores: MacAuley,
Molly K.; Shih,
Jhih-Shyang; Aronow,
Emily; Austin,
David H.; Bath,
Tom; Darmstadter,
Joel.
In this paper we develop a cost index-based measure of the expected consumer welfare gains from innovation in electricity
generation technologies. To illustrate our approach, we estimate how much better off consumers would be from 2000 to 2020 as
renewable energy technologies continue to be improved and gradually adopted, compared with a counterfactual scenario that
allows for continual improvement of conventional technology. We proceed from the position that the role and prospects of
renewable energy are best assessed within a market setting that considers competing energy technologies and sources. We
evaluate five renewable energy technologies used to generate electricity: solar photovoltaics, solar thermal, geothermal, wind, and
biomass. For each, we...
Tipo: Working or Discussion Paper
Palavras-chave: Energy economics; Technical change; Resource /Energy Economics and Policy; Q4; O3.
Ano: 2002
URL: http://purl.umn.edu/10588
Utility-scale Wind Power: Impacts of Increased Penetration
Provedor de dados: 31
Autores: Pitt,
Lawrence; van Kooten,
G. Cornelis; Love,
Murray; Djilali,
Ned.
Intermittent renewable energy sources such as wind, solar, run-of-river hydro, tidal streams and wave fluxes present interesting
challenges when exploited in the production of electricity, which is then integrated into existing and future grids. We focus on
wind energy systems because they have an emerging presence, with new installed capacity approaching 8 GW annually. We
survey many studies and compile estimates of regulation, load following and unit commitment impacts on utility generating assets
with increasing wind penetration. Reliability (system reserve), observed capacity factors and the effective capacity (ability to
displace existing generation assets) of wind energy systems are discussed. A simple energy balance model and some results
from...
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy; Q40; Q55.
Ano: 2005
URL: http://purl.umn.edu/37009
Managing water for the poor; Proceedings of the Regional Workshop on Pro-Poor Intervention
Strategies in Irrigation Agriculture in Asia - Bangladesh, China, India, Indonesia, Pakistan and
Vietnam, Colombo, 9-10 August 2001