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Solar and Wind Deployment: A Comparison of Experiences in Germany, California and Texas. Facts and brief analysis

Author

Listed:
  • Peter, Jakob

    (Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI))

  • Elberg, Christina

    (Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI))

  • Bettzüge, Marc Oliver

    (Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI))

  • Höffler, Felix

    (Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI))

Abstract

In light of progressing climate change, both Germany as well as the two U.S. federal states California and Texas have enacted decarbonization strategies based on renewable energies. At the same time, the policy instruments to pursue their goals differ substantially. This comparative study identifies similarities and differences in policy structures as well as the penetration of variable renewable resources. It shows a fast deployment of wind and solar power in Germany at comparatively high cost. At the same time, it reveals that the two U.S. markets could ameliorate the investment conditions for renewable energy via three measures: 1. Reduction of institutional obstacles and transaction costs, 2. Introduction of CO2-pricing (Texas) or increasing CO2-pricing (California), 3. additional support schemes for wind and solar, if substantive reasons for additional support prevail.

Suggested Citation

  • Peter, Jakob & Elberg, Christina & Bettzüge, Marc Oliver & Höffler, Felix, 2015. "Solar and Wind Deployment: A Comparison of Experiences in Germany, California and Texas. Facts and brief analysis," EWI Working Papers 2015-9, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
  • Handle: RePEc:ris:ewikln:2015_009
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    More about this item

    Keywords

    Comparative Analysis; Decarbonization; RES Deployment; Energy Sector Regulation;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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