Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral 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 results of a computable partial equilibrium model show...

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Main Authors: Steinbuks, Jevgenijs, Satija, Gaurav, Zhao, Fu
Format: Journal Article
Published: Elsevier 2018
Subjects:
Online Access:http://hdl.handle.net/10986/29337
id okr-10986-29337
recordtype oai_dc
spelling okr-10986-293372021-05-25T10:54:44Z Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses Steinbuks, Jevgenijs Satija, Gaurav Zhao, Fu SOLAR ENERGY ELECTRICITY MATERIALS SCARCITY ENERGY DEMAND PHOTOVOLTAIC CLIMATE CHANGE MITIGATION ELECTRICITY STORAGE ENDOGENOUS RESOURCE SUBSTITUTION GRADE SELECTION INDIUM SOLAR ELECTRICITY 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 show that materials scarcities constrain the expansion of solar generation. Solar photovoltaics expand 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, which is not compensated by small increases in non-intermittent concentrated solar power capacity. These findings underscore the significance of developing cost-effective alternatives to critical materials and low-cost electricity storage for economically sustainable climate change mitigation. 2018-02-08T16:33:54Z 2018-02-08T16:33:54Z 2017-08 Journal Article Resource and Energy Economics 0928-7655 http://hdl.handle.net/10986/29337 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic SOLAR ENERGY
ELECTRICITY
MATERIALS SCARCITY
ENERGY DEMAND
PHOTOVOLTAIC
CLIMATE CHANGE MITIGATION
ELECTRICITY STORAGE
ENDOGENOUS RESOURCE SUBSTITUTION
GRADE SELECTION
INDIUM
SOLAR ELECTRICITY
spellingShingle SOLAR ENERGY
ELECTRICITY
MATERIALS SCARCITY
ENERGY DEMAND
PHOTOVOLTAIC
CLIMATE CHANGE MITIGATION
ELECTRICITY STORAGE
ENDOGENOUS RESOURCE SUBSTITUTION
GRADE SELECTION
INDIUM
SOLAR ELECTRICITY
Steinbuks, Jevgenijs
Satija, Gaurav
Zhao, Fu
Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses
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 show that materials scarcities constrain the expansion of solar generation. Solar photovoltaics expand 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, which is not compensated by small increases in non-intermittent concentrated solar power capacity. These findings underscore the significance of developing cost-effective alternatives to critical materials and low-cost electricity storage for economically sustainable climate change mitigation.
format Journal Article
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 Cross-Sectoral Responses
title_short Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses
title_full Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses
title_fullStr Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses
title_full_unstemmed Sustainability of Solar Electricity : The Role of Endogenous Resource Substitution and Cross-Sectoral Responses
title_sort sustainability of solar electricity : the role of endogenous resource substitution and cross-sectoral responses
publisher Elsevier
publishDate 2018
url http://hdl.handle.net/10986/29337
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