UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

Can the US keep the PACE? A natural experiment in accelerating the growth of solar electricity

Ameli, N; Pisu, M; Kammen, DM; (2017) Can the US keep the PACE? A natural experiment in accelerating the growth of solar electricity. Applied Energy , 191 pp. 163-169. 10.1016/j.apenergy.2017.01.037. Green open access

[img]
Preview
Text (Accepted manuscript)
Ameli_Can the US keep the PACE_AAM.pdf - Accepted version

Download (497kB) | Preview
[img]
Preview
Text (Supplementary information)
Ameli_Can the US keep the PACE_Supplementary.pdf - Accepted version

Download (195kB) | Preview

Abstract

Growing global awareness of climate change has ushered in a new era demanding policy, financial and behavioural innovations to accelerate the transition to a clean energy economy. Dramatic price decreases in solar photovoltaics (PV) and public policy have underwritten the expansion of solar power, now accounting for the largest share of renewable energy in California and rising fast in other countries, such as Germany and Italy. Governments' efforts to expand solar generation base and integrate it into municipal, regional, and national energy systems, have spawned several programs that require rigorous policy evaluations to assess their effectiveness, costs and contribution to Paris Agreement's goals. In this study, we exploit a natural experiment in northern California to test the capacity of Property Assessed Clean Energy (PACE) to promote PV investment. PACE has been highly cost effective by more than doubling residential PV installations.

Type: Article
Title: Can the US keep the PACE? A natural experiment in accelerating the growth of solar electricity
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.apenergy.2017.01.037
Publisher version: http://dx.doi.org/10.1016/j.apenergy.2017.01.037
Language: English
Additional information: Copyright © 2017 Elsevier Ltd. All rights reserved. This manuscript version is made available under the CC-BY-NC-ND 4.0 license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Keywords: Policy evaluation; Solar PV; PACE; Regression discontinuity; Residential solar energy
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/1538962
Downloads since deposit
118Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item