Handbook on the Economics of Renewable Energy: Chapter 3: Energy system modelling of renewable energy and related energy infrastructure needs

Renewable energy technologies produce many measurable benefits, such as a clear reduction in greenhouse gas emissions. However, it is also apparent that these methods of energy production come with costs. Discussing renewable energy developments within an economic context, this pertinent Handbook provides a comprehensive view of the present and future dimensions of renewable energy use. Divided into six authoritative parts, the Handbook employs economic evaluation to provide an analysis of the benefits and costs of renewable energy, allowing authors to extrapolate potential policy changes. Chapters address the conceptual, methodological and empirical dimensions of renewable energy, providing a broad coverage of key topics while maintaining a clear policy-oriented philosophy. With a structured application of energy economics to renewable energy issues, this enlightening Handbook will be beneficial for environmental and energy policy makers. It will also be an interesting read for academics within such fields as policy regulation, energy economics and environmental economics.