Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses
This study seeks to understand how materials scarcity and competition from alternative uses affects the potential for widespread deployment of solar electricity in the long run, in light of related technology and policy uncertainties. Simulation re...
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| Format: | Publications & Research |
| Language: | English en_US |
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World Bank Group, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/01/23884211/sustainability-solar-electricity-role-endogenous-resource-substitution-market-mediated-responses http://hdl.handle.net/10986/21394 |
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okr-10986-21394 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ABATEMENT ABATEMENT POTENTIAL ACCESS TO ELECTRICITY ACCESS TO ENERGY AEROSOLS AGRICULTURAL ECONOMICS ALLOCATION ALTERNATIVE USES AMORPHOUS SILICON ANNUAL GROWTH RATE APPROACH ATMOSPHERIC CONCENTRATIONS AVAILABILITY BIOMASS CADMIUM CAPITAL ADJUSTMENT CAPITAL COST CAPITAL COSTS CAPITAL STOCKS CARBON CARBON CONTENT CARBON EMISSIONS CARBON NEUTRAL CARBON REGULATION CLEAN ENERGY CLEAN TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICIES CLIMATE STABILIZATION CO2 COAL COAL FLOW CONVENTIONAL ELECTRICITY CONVENTIONAL ELECTRICITY GENERATION COPPER COST ESTIMATES COST OF ENERGY DEMAND FOR ELECTRICITY DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DIESEL DIESEL GENERATORS ECONOMIC ACTIVITY ECONOMIC BEHAVIOR ECONOMIC GROWTH ECONOMIC THEORY EFFICIENCY IMPROVEMENTS ELASTICITY OF SUBSTITUTION ELECTRIC PLANTS ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PLANTS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY DISPATCH ELECTRICITY GENERATING ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY SYSTEM ELECTRICITY TECHNOLOGY ELECTRICITY USE EMISSION EMISSION CONSTRAINT EMISSIONS FROM COAL EMISSIONS REGULATIONS EMISSIONS SCENARIOS END-USE ENERGY ECONOMICS ENERGY INDUSTRIES ENERGY INFORMATION ADMINISTRATION ENERGY NEEDS ENERGY POLICIES ENERGY POLICY ENERGY RESOURCES ENERGY REVIEW ENERGY SOURCES ENERGY TECHNOLOGY ENVIRONMENTAL ASPECTS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL SUSTAINABILITY FEASIBILITY FOSSIL FOSSIL FUEL FOSSIL FUEL ENDOWMENTS FOSSIL FUEL PLANTS FOSSIL FUELS FUEL COSTS FUEL EXTRACTION GAS FLOW GAS RESERVES GENERATION CAPACITY GENERATION OF ELECTRICITY GHG GHGS GLOBAL ELECTRICITY GENERATION GLOBAL ENERGY SUPPLY GLOBAL GREENHOUSE GLOBAL GREENHOUSE GAS GLOBAL WARMING GOLD GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HIGHER ENERGY DEMAND HYDROGEN HYDROGEN ECONOMY INVESTMENT DECISIONS IPCC LAND USE METALS NATURAL GAS NATURAL RESOURCES NONRENEWABLE RESOURCE NONRENEWABLE RESOURCES NOX NUCLEAR ENERGY NUCLEAR GENERATION NUCLEAR PLANTS NUCLEAR POWER OIL OUTPUT DECLINES PETROLEUM PHOTOVOLTAICS POLLUTANTS POLLUTION POLLUTION CONTROL PORTFOLIO POWER GENERATION POWER SUPPLY PP PRESENT VALUE PRODUCTION OF CONSUMER GOODS PRODUCTION OF ELECTRICITY QUANTITATIVE ANALYSIS RADIATIVE FORCING RAW MATERIAL RAW MATERIALS REBATES RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RENEWABLE ENERGY TECHNOLOGIES RENEWABLE GENERATION RENEWABLE TECHNOLOGIES RESOURCE ECONOMICS SILVER SOLAR CELLS SOLAR ELECTRICITY SOLAR ENERGY SOLAR PANEL SOLAR PANELS SOLAR POWER SOLAR RADIATION SOLAR TECHNOLOGIES SOURCE OF ELECTRICITY SOX SUNLIGHT SUPPLY SIDE SUSTAINABLE DEVELOPMENT SUSTAINABLE ENERGY THERMAL POWER THERMAL POWER PLANTS TIN TOTAL ELECTRICITY GENERATION TRADE SYSTEM TRANSMISSION CONSTRAINTS UNCERTAINTIES UTILITY FUNCTION VARIABLE COST WATER HEATING WELFARE FUNCTION WIND WIND TURBINES WORLD ENERGY |
| spellingShingle |
ABATEMENT ABATEMENT POTENTIAL ACCESS TO ELECTRICITY ACCESS TO ENERGY AEROSOLS AGRICULTURAL ECONOMICS ALLOCATION ALTERNATIVE USES AMORPHOUS SILICON ANNUAL GROWTH RATE APPROACH ATMOSPHERIC CONCENTRATIONS AVAILABILITY BIOMASS CADMIUM CAPITAL ADJUSTMENT CAPITAL COST CAPITAL COSTS CAPITAL STOCKS CARBON CARBON CONTENT CARBON EMISSIONS CARBON NEUTRAL CARBON REGULATION CLEAN ENERGY CLEAN TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICIES CLIMATE STABILIZATION CO2 COAL COAL FLOW CONVENTIONAL ELECTRICITY CONVENTIONAL ELECTRICITY GENERATION COPPER COST ESTIMATES COST OF ENERGY DEMAND FOR ELECTRICITY DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DIESEL DIESEL GENERATORS ECONOMIC ACTIVITY ECONOMIC BEHAVIOR ECONOMIC GROWTH ECONOMIC THEORY EFFICIENCY IMPROVEMENTS ELASTICITY OF SUBSTITUTION ELECTRIC PLANTS ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PLANTS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY DISPATCH ELECTRICITY GENERATING ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY SYSTEM ELECTRICITY TECHNOLOGY ELECTRICITY USE EMISSION EMISSION CONSTRAINT EMISSIONS FROM COAL EMISSIONS REGULATIONS EMISSIONS SCENARIOS END-USE ENERGY ECONOMICS ENERGY INDUSTRIES ENERGY INFORMATION ADMINISTRATION ENERGY NEEDS ENERGY POLICIES ENERGY POLICY ENERGY RESOURCES ENERGY REVIEW ENERGY SOURCES ENERGY TECHNOLOGY ENVIRONMENTAL ASPECTS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL SUSTAINABILITY FEASIBILITY FOSSIL FOSSIL FUEL FOSSIL FUEL ENDOWMENTS FOSSIL FUEL PLANTS FOSSIL FUELS FUEL COSTS FUEL EXTRACTION GAS FLOW GAS RESERVES GENERATION CAPACITY GENERATION OF ELECTRICITY GHG GHGS GLOBAL ELECTRICITY GENERATION GLOBAL ENERGY SUPPLY GLOBAL GREENHOUSE GLOBAL GREENHOUSE GAS GLOBAL WARMING GOLD GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HIGHER ENERGY DEMAND HYDROGEN HYDROGEN ECONOMY INVESTMENT DECISIONS IPCC LAND USE METALS NATURAL GAS NATURAL RESOURCES NONRENEWABLE RESOURCE NONRENEWABLE RESOURCES NOX NUCLEAR ENERGY NUCLEAR GENERATION NUCLEAR PLANTS NUCLEAR POWER OIL OUTPUT DECLINES PETROLEUM PHOTOVOLTAICS POLLUTANTS POLLUTION POLLUTION CONTROL PORTFOLIO POWER GENERATION POWER SUPPLY PP PRESENT VALUE PRODUCTION OF CONSUMER GOODS PRODUCTION OF ELECTRICITY QUANTITATIVE ANALYSIS RADIATIVE FORCING RAW MATERIAL RAW MATERIALS REBATES RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RENEWABLE ENERGY TECHNOLOGIES RENEWABLE GENERATION RENEWABLE TECHNOLOGIES RESOURCE ECONOMICS SILVER SOLAR CELLS SOLAR ELECTRICITY SOLAR ENERGY SOLAR PANEL SOLAR PANELS SOLAR POWER SOLAR RADIATION SOLAR TECHNOLOGIES SOURCE OF ELECTRICITY SOX SUNLIGHT SUPPLY SIDE SUSTAINABLE DEVELOPMENT SUSTAINABLE ENERGY THERMAL POWER THERMAL POWER PLANTS TIN TOTAL ELECTRICITY GENERATION TRADE SYSTEM TRANSMISSION CONSTRAINTS UNCERTAINTIES UTILITY FUNCTION VARIABLE COST WATER HEATING WELFARE FUNCTION WIND WIND TURBINES WORLD ENERGY Steinbuks, Jevgenijs Satija, Gaurav Zhao, Fu Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| relation |
Policy Research Working Paper;No. 7178 |
| description |
This study seeks to understand how
materials scarcity and competition from alternative uses
affects the potential for widespread deployment of solar
electricity in the long run, in light of related technology
and policy uncertainties. Simulation results of a computable
partial equilibrium model predict a considerable expansion
of solar electricity generation worldwide in the near
decades, as generation technologies improve and production
costs fall. Increasing materials scarcity becomes a
significant constraint for further expansion of solar
generation, which grows considerably slower in the second
half of the coming century. Solar generation capacity
increases with higher energy demand, squeezing consumption
in industries that compete for scarce minerals. Stringent
climate policies hamper growth in intermittent solar
photovoltaics backed by fossil fuel powered plants, but lead
to a small increase in non-intermittent concentrated solar
power technology. By the end of the coming century, solar
electricity remains a marginal source of global electricity
supply even in the world of higher energy demand, strict
carbon regulations, and generation efficiency improvements. |
| format |
Publications & Research |
| author |
Steinbuks, Jevgenijs Satija, Gaurav Zhao, Fu |
| author_facet |
Steinbuks, Jevgenijs Satija, Gaurav Zhao, Fu |
| author_sort |
Steinbuks, Jevgenijs |
| title |
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| title_short |
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| title_full |
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| title_fullStr |
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| title_full_unstemmed |
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses |
| title_sort |
sustainability of solar electricity : the role of endogenous resource substitution and market mediated responses |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/01/23884211/sustainability-solar-electricity-role-endogenous-resource-substitution-market-mediated-responses http://hdl.handle.net/10986/21394 |
| _version_ |
1764448135619280896 |
| spelling |
okr-10986-213942021-04-23T14:04:02Z Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Market Mediated Responses Steinbuks, Jevgenijs Satija, Gaurav Zhao, Fu ABATEMENT ABATEMENT POTENTIAL ACCESS TO ELECTRICITY ACCESS TO ENERGY AEROSOLS AGRICULTURAL ECONOMICS ALLOCATION ALTERNATIVE USES AMORPHOUS SILICON ANNUAL GROWTH RATE APPROACH ATMOSPHERIC CONCENTRATIONS AVAILABILITY BIOMASS CADMIUM CAPITAL ADJUSTMENT CAPITAL COST CAPITAL COSTS CAPITAL STOCKS CARBON CARBON CONTENT CARBON EMISSIONS CARBON NEUTRAL CARBON REGULATION CLEAN ENERGY CLEAN TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICIES CLIMATE STABILIZATION CO2 COAL COAL FLOW CONVENTIONAL ELECTRICITY CONVENTIONAL ELECTRICITY GENERATION COPPER COST ESTIMATES COST OF ENERGY DEMAND FOR ELECTRICITY DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DIESEL DIESEL GENERATORS ECONOMIC ACTIVITY ECONOMIC BEHAVIOR ECONOMIC GROWTH ECONOMIC THEORY EFFICIENCY IMPROVEMENTS ELASTICITY OF SUBSTITUTION ELECTRIC PLANTS ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PLANTS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY DISPATCH ELECTRICITY GENERATING ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY SYSTEM ELECTRICITY TECHNOLOGY ELECTRICITY USE EMISSION EMISSION CONSTRAINT EMISSIONS FROM COAL EMISSIONS REGULATIONS EMISSIONS SCENARIOS END-USE ENERGY ECONOMICS ENERGY INDUSTRIES ENERGY INFORMATION ADMINISTRATION ENERGY NEEDS ENERGY POLICIES ENERGY POLICY ENERGY RESOURCES ENERGY REVIEW ENERGY SOURCES ENERGY TECHNOLOGY ENVIRONMENTAL ASPECTS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL SUSTAINABILITY FEASIBILITY FOSSIL FOSSIL FUEL FOSSIL FUEL ENDOWMENTS FOSSIL FUEL PLANTS FOSSIL FUELS FUEL COSTS FUEL EXTRACTION GAS FLOW GAS RESERVES GENERATION CAPACITY GENERATION OF ELECTRICITY GHG GHGS GLOBAL ELECTRICITY GENERATION GLOBAL ENERGY SUPPLY GLOBAL GREENHOUSE GLOBAL GREENHOUSE GAS GLOBAL WARMING GOLD GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HIGHER ENERGY DEMAND HYDROGEN HYDROGEN ECONOMY INVESTMENT DECISIONS IPCC LAND USE METALS NATURAL GAS NATURAL RESOURCES NONRENEWABLE RESOURCE NONRENEWABLE RESOURCES NOX NUCLEAR ENERGY NUCLEAR GENERATION NUCLEAR PLANTS NUCLEAR POWER OIL OUTPUT DECLINES PETROLEUM PHOTOVOLTAICS POLLUTANTS POLLUTION POLLUTION CONTROL PORTFOLIO POWER GENERATION POWER SUPPLY PP PRESENT VALUE PRODUCTION OF CONSUMER GOODS PRODUCTION OF ELECTRICITY QUANTITATIVE ANALYSIS RADIATIVE FORCING RAW MATERIAL RAW MATERIALS REBATES RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RENEWABLE ENERGY TECHNOLOGIES RENEWABLE GENERATION RENEWABLE TECHNOLOGIES RESOURCE ECONOMICS SILVER SOLAR CELLS SOLAR ELECTRICITY SOLAR ENERGY SOLAR PANEL SOLAR PANELS SOLAR POWER SOLAR RADIATION SOLAR TECHNOLOGIES SOURCE OF ELECTRICITY SOX SUNLIGHT SUPPLY SIDE SUSTAINABLE DEVELOPMENT SUSTAINABLE ENERGY THERMAL POWER THERMAL POWER PLANTS TIN TOTAL ELECTRICITY GENERATION TRADE SYSTEM TRANSMISSION CONSTRAINTS UNCERTAINTIES UTILITY FUNCTION VARIABLE COST WATER HEATING WELFARE FUNCTION WIND WIND TURBINES WORLD ENERGY This study seeks to understand how materials scarcity and competition from alternative uses affects the potential for widespread deployment of solar electricity in the long run, in light of related technology and policy uncertainties. Simulation results of a computable partial equilibrium model predict a considerable expansion of solar electricity generation worldwide in the near decades, as generation technologies improve and production costs fall. Increasing materials scarcity becomes a significant constraint for further expansion of solar generation, which grows considerably slower in the second half of the coming century. Solar generation capacity increases with higher energy demand, squeezing consumption in industries that compete for scarce minerals. Stringent climate policies hamper growth in intermittent solar photovoltaics backed by fossil fuel powered plants, but lead to a small increase in non-intermittent concentrated solar power technology. By the end of the coming century, solar electricity remains a marginal source of global electricity supply even in the world of higher energy demand, strict carbon regulations, and generation efficiency improvements. 2015-02-03T17:09:30Z 2015-02-03T17:09:30Z 2015-01 http://documents.worldbank.org/curated/en/2015/01/23884211/sustainability-solar-electricity-role-endogenous-resource-substitution-market-mediated-responses http://hdl.handle.net/10986/21394 English en_US Policy Research Working Paper;No. 7178 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |