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dc.contributor.authorLazkano, Itziar
dc.contributor.authorNøstbakken, Linda
dc.contributor.authorPelli, Martino
dc.date.accessioned2016-06-07T12:16:36Z
dc.date.available2016-06-07T12:16:36Z
dc.date.issued2016-06-07
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/2391721
dc.description.abstractWe 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.isoengnb_NO
dc.relation.ispartofseriesSAM;11/2016
dc.subjectInnovation; Directed technical change; Electricity storage; Electricity mar- kets; Power generationnb_NO
dc.titleFrom Fossil Fuels to Renewables: The Role of Electricity Storage.nb_NO
dc.typeWorking papernb_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210nb_NO
dc.source.pagenumber62nb_NO


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