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Article Dans Une Revue Journal of the European Economic Association Année : 2023

Can Distributed Intermittent Renewable Generation Reduce Future Grid Investments? Evidence from France

Résumé

This paper estimates the relationship between investments in five distributed generation technologies and hourly net withdrawals from over 2,000 electricity distribution networks in France between 2005 and 2018. We find that investments in distributed wind and solar generation have little or no impact on the annual peak of hourly net withdrawals from the distribution grid, while investments in hydroelectric and thermal distributed generation significantly reduce it. An optimistic analysis of the impact of investments in battery storage suggests that high levels are required for distributed wind and solar to deliver similar reductions in the annual peak of hourly net withdrawals. Our results imply that public policies favoring distributed wind and solar generation over utility-scale generation cannot be rationalized by savings in future grid investments. Code Jel L94 - Electric Utilities Q42 - Alternative Energy Sources Q48 - Government Policy
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Dates et versions

halshs-03956113 , version 1 (25-01-2023)

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Nicolas Astier, Ram Rajagopal, Frank Wolak. Can Distributed Intermittent Renewable Generation Reduce Future Grid Investments? Evidence from France. Journal of the European Economic Association, In press, ⟨10.1093/jeea/jvac045⟩. ⟨halshs-03956113⟩
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