Handbook on the Economics of Renewable Energy

Edited by Pablo del Río, Senior Researcher, Institute for Public Policies and Goods (IPP), Consejo Superior de Investigaciones Científicas (CSIC), Spain and Mario Ragwitz, Director, Fraunhofer Research Institution for Energy Infrastructures and Geothermal Systems (IEG) and Full Professor, Brandenburg University of Technology Cottbus-Senftenberg (BTU CS), Germany

• Contents:1 Introduction to the Handbook on the Economics of Renewable Energy 1Pablo del Río and Mario RagwitzPART I SETTING THE SCENE: THEORETICAL/METHODOLOGICAL GUIDELINES ON THE ECONOMICS OF RENEWABLE ENERGY2 Costs and benefits of the energy transition 11Barbara Breitschopf, Julia Panny and Anne Held3 Energy system modelling of renewable energy and related energy infrastructure needs 41Gustav Resch, Franziska Schöniger, Florian Hasengst, Demet Suna, Gerhard Totschnig and Frank Sensfuß4 Econometric modeling of renewable energy deployment 77Consolación Quintana-Rojo, Miguel-Ángel Tarancón and Fernando Callejas-AlbiñanaPART II FOCUS ON SOCIOECONOMIC BENEFITS5 Extended input-output tables to analyze the benefits of renewable energy deployment 101Santacruz Banacloche, Ana Rosa Gamarra, Natàlia Caldés and Yolanda Lechón6 The socioeconomic benefits of renewable energy projects 118Ana Rosa Gamarra, Santacruz Banacloche, Natàlia Caldés and Yolanda Lechón7 Green jobs in the Spanish renewable energy sector: an input-output approach 138Manuel Tomás, Ignacio Cazcarro, Julen Montilla, Cristina Pizarro-Irizar and Iñaki ArtoPART III FOCUS ON COSTS8 The grid costs of renewable energy deployment 158Joan Batalla-Bejerano, Daniel Davi-Arderius and Elisa Trujillo-Baute9 Guiding the transition: design challenges in decarbonising electricity markets 179Timo Gerres, José Pablo Chaves,Francisco Martín, Michel Rivier, Álvaro Sánchez and Tomás Gómez PART IV FOCUS ON THE BOTTOM-UP: SELF-GENERATION AND COLLECTIVE ENERGY ACTIONS10 An economic approach to photovoltaic microgeneration 206Pere Mir-Artigues11 Enhancing energy democracy and tackling energy poverty by fostering the uptake of renewable energy: the case of Greece 231Eleni Kanellou, Ifigenia Tsakalogianni, Haris Doukas and Yannis ManiatisPART V FUTURE-LOOKING PERSPECTIVES: GEOPOLITICAL, RISKS/FINANCIAL AND INNOVATION PERSPECTIVES12 The economic benefits of renewable energies: a geopolitical perspective 251Gonzalo Escribano and Lara Lázaro Touza13 Drivers and barriers to renewable electricity technologies: lessons from the technological innovation system approach 284Pablo del Río and Christoph P. Kiefer14 Analyzing the suitability and role of modern portfolio theory for renewable energy planning 308Fernando de Llano Paz, Javier Eduardo Afonso Arévalo and Guillermo Iglesias Gómez15 A mixed-integer linear programming approach for an optimal-economic design of renewable district heating systems: a case study for a German grid 340Maximilian Sporleder, Michael Rath, Markus Jansen and Robin MannPART VI RENEWABLE ENERGY POLICY16 The economic analysis of renewable energy policies: a general overview and a historical perspective 365Christoph P. Kiefer, Pablo del Río, Leticia García-Martínez17 Renewable energy auctions: an overview 392Vasilios Anatolitis, Jenny Winkler18 The role of design elements in instrument mixes: the case of auctions and renewable portfolio standards in South Korea 420Tae-Hyeong Kwon and Pablo del Río19 Climate-related development aid for renewable energy projects: an analysis of its trends and role in fostering the low carbon transition in official development aid recipients 442Cristina Peñasco20 Conclusion to the Handbook on the Economics of Renewable Energy 471Pablo del Río and Mario RagwitzIndex 475

‘The global need for aggressive deployment of renewable energy is self-evident. This book, a fabulous compilation from the world’s leading thinkers, provides crucial insights to manage the clean energy transition.’