Technology S-Curves in Renewable Energy Alternatives: Analysis and Implications for Industry and Government.

Schilling, M.A. & Esmundo, M. 2009. Technology S-curves in renewable energy alternatives: Analysis and implications for industry and government. Energy Policy, 37:1767-1781

15 Pages Posted: 3 Dec 2014

See all articles by Melissa A. Schilling

Melissa A. Schilling

New York University (NYU) - Department of Management and Organizational Behavior

Melissa Esmundo

Independent

Date Written: May 9, 2013

Abstract

Analyzing renewable energies from a technology s-curve perspective reveals some surprising and important implications for both government and industry. Using data on government R&D investment and technological improvement (in the form of cost reductions), we show that both wind energy and geothermal energy are poised to become more economical than fossil fuels within a relatively short time frame. The evidence further suggests that R&D for wind and geothermal technologies has been under-funded by national governments relative to funding for solar technologies, and government funding of fossil fuel technologies has been excessive given the diminishing performance of those technologies.

Keywords: renewable energy, wind energy, solar power, innovation, technology s-curves, fossil fuels,

JEL Classification: O31, O32, O33, Q20, Q42

Suggested Citation

Schilling, Melissa A. and Esmundo, Melissa, Technology S-Curves in Renewable Energy Alternatives: Analysis and Implications for Industry and Government. (May 9, 2013). Schilling, M.A. & Esmundo, M. 2009. Technology S-curves in renewable energy alternatives: Analysis and implications for industry and government. Energy Policy, 37:1767-1781. Available at SSRN: https://ssrn.com/abstract=2263039

Melissa A. Schilling (Contact Author)

New York University (NYU) - Department of Management and Organizational Behavior ( email )

40 West Fourth Street
New York, NY 10012
United States
212-998-0249 (Phone)
212-995-4235 (Fax)

Melissa Esmundo

Independent

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