A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Effects of government policies on deploying geothermal electricity in 35 OECD and BRICS countries
Various government policies to promote geothermal electricity have been implemented worldwide, but their effectiveness remains to be investigated. Therefore, this study investigates the impacts of such policies on the deployment of geothermal electricity through a panel analysis of 35 OECD and BRICS countries from 1980 to 2010. First, we show that investment incentives and obligations are efficient in increasing the share of geothermal electricity to total electricity generation. Second, we show that the deployment of geothermal electricity cannot be easily explained in terms of technology-push and market-pull policies, because the components of the policy groups redeem each other. Finally, we show that country-specific factors such as the per capita energy consumption, international oil prices, domestic electricity prices, and oil and gas exploration and production costs are relevant to the deployment of geothermal electricity. As it is the first to identify the impacts of the various determinants of geothermal electricity, this study is expected to provide useful information to policy-makers intending to promote geothermal electricity.
Effects of government policies on deploying geothermal electricity in 35 OECD and BRICS countries
Various government policies to promote geothermal electricity have been implemented worldwide, but their effectiveness remains to be investigated. Therefore, this study investigates the impacts of such policies on the deployment of geothermal electricity through a panel analysis of 35 OECD and BRICS countries from 1980 to 2010. First, we show that investment incentives and obligations are efficient in increasing the share of geothermal electricity to total electricity generation. Second, we show that the deployment of geothermal electricity cannot be easily explained in terms of technology-push and market-pull policies, because the components of the policy groups redeem each other. Finally, we show that country-specific factors such as the per capita energy consumption, international oil prices, domestic electricity prices, and oil and gas exploration and production costs are relevant to the deployment of geothermal electricity. As it is the first to identify the impacts of the various determinants of geothermal electricity, this study is expected to provide useful information to policy-makers intending to promote geothermal electricity.
Effects of government policies on deploying geothermal electricity in 35 OECD and BRICS countries
Shokri, Amin (author) / Heo, Eunnyeong (author) / Kim, Jihyo (author)
Geosystem Engineering ; 17 ; 11-16
2014-01-02
6 pages
Article (Journal)
Electronic Resource
English