Essays on the economics of energy systems transformation: incentives and policies
- This thesis discusses the role of the economic incentives and policies required to build energy systems that are compatible with achieving the goal of net-zero carbon emissions. I try to look beyond the techno-centric solutions that focus on new electricity generation technologies to explore how the way we consume and supply energy may be changed to facilitate the energy transition. The first paper of this cumulative thesis identifies packages of demand-side policy interventions in household energy consumption that can deliver an immediate reduction in carbon emissions. The second paper quantifies the relationship between electricity demand and prices in electricity markets using an instrumental variable approach. This relationship can provide the basis for designing policies that use electricity demand as a tool for integrating high shares of renewable energy in the power system. Following the theme of renewable energy integration, the third paper looks at the policies for influencing electricity demand from agricultural consumers in developing countries to increase the share of solar and wind while lowering the associated integration costs. And the last paper focuses on the need for policy instruments that determine the spatial allocation of renewable energy. The four papers together highlight that using the right economic incentives and policies, we can foster flexibility in both energy demand and supply that reduces the reliance on technological innovation and revolution for achieving the transformation to a low carbon energy system.
Document Type: | Doctoral Thesis |
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Language: | English |
Author(s): | Tarun Khanna |
Advisor: | Lion Hirth, Rangan Banerjee, Leon Clarke |
Hertie Collections (Serial Number): | Dissertations submitted to the Hertie School (12/2022) |
Publication year: | 2022 |
Publishing Institution: | Hertie School |
Granting Institution: | Hertie School |
Thesis date: | 2022/10/05 |
Release Date: | 2022/10/06 |
Notes: | List of publications Peer-reviewed 1. Khanna, T. M. Using agricultural demand for reducing costs of renewable energy integration in India. Energy 254, (2022). https://doi.org/10.1016/j.energy.2022.124385 2. Khanna, T. M. et al. A multi-country meta-analysis on the role of behavioural change in reducing energy consumption and CO2 emissions in residential buildings. Nature Energy 6, 925–932 (2021). https://doi.org/10.1038/s41560-021-00866-x 3. Eicke, A., Khanna, T. & Hirth, L. Locational Investment Signals: How to Steer the Siting of New Generation Capacity in Power Systems? The Energy Journal 41, (2020). https://doi.org/10.5547/01956574.41.6.aeic Working papers 4. Hirth, L., Khanna, T. M. & Ruhnau, O. The (very) short-term price elasticity of German electricity demand. Econstor (2021). https://www.econstor.eu/handle/10419/249570. |
Notes: | Shelf mark: 2022D012 + 2022D012+1 |
Hertie School Research: | Publications PhD Researchers |
Licence of document (German): | Metadaten / metadata |