Essays on Renewable Energy and Electricity Markets

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dc.contributor.advisorHartley, Peteren_US
dc.creatorWestphal, Igoren_US
dc.date.accessioned2024-01-24T22:47:56Zen_US
dc.date.available2024-01-24T22:47:56Zen_US
dc.date.created2023-12en_US
dc.date.issued2023-11-27en_US
dc.date.submittedDecember 2023en_US
dc.date.updated2024-01-24T22:47:56Zen_US
dc.description.abstractThis PhD thesis comprises three essays about renewable energy and energy markets. In the first chapter, I study the case of less developed countries that have large solar energy resources but struggle with low solar capacity deployment. The study subject is a region in Brazil that has a developed South, in contrast to an underdeveloped North. I develop a directed subsidy scheme that attempts to increase residential solar deployment in the North by leveraging superior solar irradiation. Results show that improvements are possible, but they are limited. In the second chapter, I analyze the effects of the renewable energy portfolio diversification that took place in Texas over the past ten years. Results indicate that the subsidy scheme adopted by the US federal government contributed to making aggregated renewable generation more volatile. Additionally, renewable portfolio diversification can increase CO2 emissions by facilitating the dispatch of coal power plants. In the third chapter, I propose a method to improve the load forecasting performed by neural networks. The method is inspired by bootstrapping and involves retraining copies of these neural networks and combining their forecasts.en_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationWestphal, Igor. "Essays on Renewable Energy and Electricity Markets." (2023). PhD diss., Rice University. https://hdl.handle.net/1911/115416en_US
dc.identifier.urihttps://hdl.handle.net/1911/115416en_US
dc.language.isoengen_US
dc.rightsCopyright is held by the author, unless otherwise indicated. Permission to reuse, publish, or reproduce the work beyond the bounds of fair use or other exemptions to copyright law must be obtained from the copyright holder.en_US
dc.subjectRenewable Energyen_US
dc.subjectForecastingen_US
dc.subjectPortfolio Managementen_US
dc.titleEssays on Renewable Energy and Electricity Marketsen_US
dc.typeThesisen_US
dc.type.materialTexten_US
thesis.degree.departmentEconomicsen_US
thesis.degree.disciplineSocial Sciencesen_US
thesis.degree.grantorRice Universityen_US
thesis.degree.levelDoctoralen_US
thesis.degree.nameDoctor of Philosophyen_US
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