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Three empirical essays in energy economics

Posted on:2017-09-29Degree:Ph.DType:Dissertation
University:Colorado School of MinesCandidate:Pless, Jacquelyn RyanFull Text:PDF
GTID:1459390008490888Subject:Economics
Abstract/Summary:
This dissertation explores society's relationship with energy systems. Focusing on two areas of energy economics---electricity reliability and clean energy technology adoption---my objective is to provide insights on energy markets that can contribute towards informing energy policy and improving quality of life.;In the first chapter, I examine how firm-level corruption on the demand side of the electricity sector impacts electricity reliability in developing countries. Showing that bribes for electricity connections are closely related to power outages experienced by firms, this chapter demonstrates how consumer-level corrupt behavior negatively impacts electricity service provision. In the second chapter, I study homeowners' stated information searching about solar photovoltaic (PV) adoption in California's residential market. Exploring differences between the types of information sought by consumers adopting solar through third-party ownership (TPO) relative to consumers who purchase solar systems outright (host-ownership (HO)), this chapter sheds light on differences between business model consumer preferences in the residential solar PV market. Lastly, in the third chapter I estimate solar subsidy pass-through to the prices faced by consumers in California's residential solar PV market and ask whether incidence differs for TPO consumers where subsidies are directed to the third party owner of the system (or the "seller") and HO consumers where subsidies go directly to the consumer (or the "buyer"). I find that TPO consumers capture more than 100 percent of every dollar of solar subsidy while HO consumers capture less than 100 percent of every dollar. This is surprising because standard economic theory predicts that the relative benefit of a subsidy does not depend on to whom it is directed.
Keywords/Search Tags:Energy, Electricity
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