| dc.contributor.author | Lazkano, Itziar | |
| dc.contributor.author | Nøstbakken, Linda | |
| dc.contributor.author | Pelli, Martino | |
| dc.date.accessioned | 2016-06-07T12:16:36Z | |
| dc.date.available | 2016-06-07T12:16:36Z | |
| dc.date.issued | 2016-06-07 | |
| dc.identifier.issn | 0804-6824 | |
| dc.identifier.uri | http://hdl.handle.net/11250/2391721 | |
| dc.description.abstract | We analyze the role of electricity storage for technological innovations in electricity
generation. We propose a directed technological change model of the electricity sector,
where innovative firms develop better electricity storage solutions, which affect not only
the relative competitiveness between renewable and nonrenewable electricity sources
but also the ease with which they can be substituted. Using a global firm-level data
set of electricity patents from 1963 to 2011, we empirically analyze the determinants
of innovation in electricity generation, and the role of storage in directing innovation.
Our results show that electricity storage increases innovation not only in renewables
but also in conventional technologies. This implies that efforts to increase innovation in
storage can benefit conventional, fossil fuel-fired electricity plants as well as increasing
the use of renewable electricity. | nb_NO |
| dc.language.iso | eng | nb_NO |
| dc.relation.ispartofseries | SAM;11/2016 | |
| dc.subject | Innovation; Directed technical change; Electricity storage; Electricity mar- kets; Power generation | nb_NO |
| dc.title | From Fossil Fuels to Renewables: The Role of Electricity Storage. | nb_NO |
| dc.type | Working paper | nb_NO |
| dc.subject.nsi | VDP::Social science: 200::Economics: 210 | nb_NO |
| dc.source.pagenumber | 62 | nb_NO |
