RAS Global AffairsСША & Канада: экономика – политика – культура USA & Canada: Economics – Politics – Culture

  • ISSN (Print) 26866730
  • ISSN (Online) 3034-6045

Solar Energy Self-Sufficiency for Households in the USA and China

PII
S30346045S2686673025060066-1
DOI
10.7868/S3034604525060066
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue number 6
Pages
100-111
Abstract
The priorities of using solar panels on the roofs of residential buildings are examined in the context of the debate between solar and gas generation. The presented generation costs are compared, taking into account all expences that reflect the economic and environmental feasibility of the decision from the perspective of household financial behavior. The article substantiates the need to take into account the economic cost of premature deaths caused by CO emissions, healthcare expenditures, and CO emission taxes. A system of inequalities is proposed to facilitate the use of securitization in solar electricity production, aiming to reduce the cost of household financing. The results of generation comparability calculations based on data from the U.S. electric power sector for 2023 are presented.
Keywords
домохозяйства нормированная стоимость электроэнергии СО финансовое поведение домовладельцев секьюритизация активов стоимость статистической жизни
Date of publication
25.03.2025
Year of publication
2025
Number of purchasers
0
Views
33

References

  1. 1. Bressler, R.D. 2021. The Mortality Cost of Carbon. Nature Communications. 2021. Vol. 12. 12 p. DOI: https://doi.org/10.1038/s41467-021-24487-w.
  2. 2. Bressler, R.D., Shimberg, N., Gillingham, K. 2023. The Phantom Dismal Theorem: How Discounting and Mortality Valuation Interaction Can Cause Infinite Valuation of Future Lives. Preprint. 9 p.
  3. 3. Cao, C., Song, X., Cai, W., Li, Y., Cong, J., Yu, X., Gao, M., Wang, C. (2023) Estimating the value of a statistical life in China: A contingent valuation study in six representative cities. Chinese Journal of Population, Resources and Environment. No. 4. P. 269–278. DOI: https://doi.org/10.1016/j.cjpre.2023.11.009 (accessed: 02.03.2025).
  4. 4. Dutzik, T., Ham, A. Neumann, J. 2024. Rooftop solar on the rise. Environment America Research & Policy Center. February 2024. 51 P. Available at: https://publicinterestnetwork.org/wpcontent/uploads/2024/02/Rooftop-Solar-on-the-Rise-2024.pdf (accessed: 02.03.2025).
  5. 5. Gazman, V.D. Potentsial vozobnovliaemoi energetiki [Renewable Energy Potential: monograph] (In Russ.). Moscow: HSE Publishing House, 2022. 359 p. DOI: https://doi.org/10.17323/978-5-7598-2573-9.
  6. 6. Forrester, S.P., Montañés, C.C., O'Shaughnessy, E., Barbose, G. 2024. Modeling the potential effects of rooftop solar on household energy burden in the United States. Nature Communications. 01.06.2024. 1;15(1): 4676. DOI: https://doi.org/10.1038/s41467-024-48967-x (accessed: 02.03.2025).
  7. 7. Mandys, F., Chitnis, M., Silva, S.R. 2023. Levelized cost estimates of solar photovoltaic electricity in the United Kingdom until 2035. Patterns. Vol. 4, No. 5. 14 p. DOI: https://doi.org/10.1016/j.patter.2023.100735.
  8. 8. Rennert, K., Errickson, F., Prest, B.C., Rennels, L., Newell, R.G., Pizer, W., Kingdon, C. et. al. 2022. Comprehensive evidence implies a higher social cost of CO2. Nature. Vol. 610 (7933). P. 687–692. DOI: https://doi.org/10.1038/s41586-022-05224-9. Available at: https://pubmed.ncbi.nlm.nih.gov/36049503/ (accessed: 02.03.2025).
  9. 9. Shi, M., Lu, X., Craig, M.T. Climate change will impact the value and optimal adoption of residential rooftop solar. Natural Climate Change. 2024. Vol. 14. P. 482–489. DOI: https://doi.org/10.1038/s41558-024-01978-).
  10. 10. Viscusi, W.K., Masterman, C.J. Income Elasticities and Global Values of a Statistical Life. Journal of Benefit-Cost Analysis. 2017. Vol. 8. No. 2. P. 226–250.
  11. 11. Viscusi, W.K. Extending the Domain of the Value of a Statistical Life. Journal of Benefit-Cost Analysis. 2021. No. 1. 23 p. DOI: https://doi.org/10.1017/bca.2020.19.
  12. 12. Wehrle, N. 2022. The Cost of Renewable Electricity and Energy Storage in Germany. European Journal of Business Science and Technology. No. 1. P. 19–41. DOI: https://doi.org/10.11118/ejobsat.2022.005.
QR
Translate

Индексирование

Scopus

Scopus

Scopus

Crossref

Scopus

Higher Attestation Commission

At the Ministry of Education and Science of the Russian Federation

Scopus

Scientific Electronic Library