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We present the results of a number of PV-grid matching simulations performed using hourly generation data from the Israel Electric Corporation (IEC) for the year 2006, together with corresponding meteorological data from Sede Boqer in the Negev Desert. The principal results of this investigation are: (1) the effective flexibility factor (ff) of the IEC grid was close to ff=0.65, but with a different plant operating strategy, ff could have been considerably higher; (2) for ff=0.65, the largest no-dump PV system could have provided only 2.7% of the annual demand, but for higher flexibilities - up to ff=1 - the percentage penetration could be as high as 17.4%; (3) considerable improvement in penetration can result...
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In building a governance regime to address climate change, should we prioritize the development of global institutions or national ones? This paper focuses on two neglected characteristics to inform the governance problem: the incentives for investment in low-carbon energy technology and the influence of historical policy volatility. Examining a case study of an important low-carbon energy technology, wind power, this study finds: (1) policy volatility has been substantial, (2) policy changes were uncorrelated across jurisdictions, suggesting that (3) investors could have substantially reduced their exposure to the risk of policy volatility by operating globally. While it also has downsides, a poorly coordinated...
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