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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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 |
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Digital Repositories |
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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 |
_version_ |
1764469095909031936 |