Optimal Transition from Coal to Gas and Renewable Power under Capacity Constraints and Adjustment Costs

This paper studies the optimal transition from existing coal power plants to gas and renewable power under a carbon budget. It solves a model of polluting, exhaustible resources with capacity constraints and adjustment costs (to build coal, gas, an...

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Bibliographic Details
Main Authors: Lecuyer, Oskar, Vogt-Schilb, Adrien
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2014
Subjects:
CO2
GAS
GHG
OIL
PP
Online Access:http://documents.worldbank.org/curated/en/2014/07/19896708/optimal-transition-coal-gas-renewable-power-under-capacity-constraints-adjustment-costs
http://hdl.handle.net/10986/19388