Imperial College London
Alternate

Professor Nilay Shah OBE FREng

Faculty of Engineering, Department of Chemical Engineering

Professor of Process Systems Engineering
 
 
 
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Contact

 

+44 (0)20 7594 6621n.shah

 
 
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Assistant

 

Miss Jessica Baldock +44 (0)20 7594 5699

 
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Location

 

ACEX 522ACE ExtensionSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Foster:2017:10.1016/j.enpol.2016.12.050,
author = {Foster, E and Contestabile, M and Blazquez, J and Manzano, B and Workman, M and Shah, N},
doi = {10.1016/j.enpol.2016.12.050},
journal = {Energy Policy},
pages = {258--264},
title = {The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses},
url = {http://dx.doi.org/10.1016/j.enpol.2016.12.050},
volume = {103},
year = {2017}
}
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RIS format (EndNote, RefMan)

TY  - JOUR
AB  - Renewable energy policy focuses on supporting the deployment of renewable power generators so as to reduce their costs through scale economies and technological learning. It is expected that, once cost parity with fossil fuel generation is achieved, a transition towards renewable power should continue without the need for further renewable energy subsidies. However, this reasoning implicitly assumes that the cost of fossil fuel power generation does not respond to the large scale penetration of renewable power. In this paper we build a standard economic framework to test the validity of this assumption, particularly in the case of coal and gas fired power generation. We find that it is likely that the cost of fossil fuel power generation will respond to the large scale penetration of renewables, thus making the renewable energy transition slower or more costly than anticipated. More analysis is needed in order to be able to quantify this effect, the occurrence of which should be considered in the renewable energy discourse.
AU  - Foster,E
AU  - Contestabile,M
AU  - Blazquez,J
AU  - Manzano,B
AU  - Workman,M
AU  - Shah,N
DO  - 10.1016/j.enpol.2016.12.050
EP  - 264
PY  - 2017///
SN  - 0301-4215
SP  - 258
TI  - The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses
T2  - Energy Policy
UR  - http://dx.doi.org/10.1016/j.enpol.2016.12.050
UR  - http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000397356000021&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR  - http://hdl.handle.net/10044/1/57319
VL  - 103
ER  -
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