We study the interplay between regulatory mandates and competition on a focal firm's new resource investments. While prior literature has separately pointed to the influence of competition and regulatory policy on a focal firm's resource decisions, less is known about how the policy effect interacts with the competitive effect. Studying how regulatory mandates moderate the effect of competition on a focal firm's new resource investments, we show that resource redeployment is not simply a function of internal firm decisions but a response to external forces. We find that regulatory mandates dampen the effect of competitors' new resource investments on a focal firm's new resource investments. Distinguishing between different clean technology types, we show that this dampening effect is the stronger, the more distant the new resource is from incumbents' old resource base, and the more established the mandate is. We test our hypotheses in the context of renewable energy investments in waste-to-energy, wind, and solar in the U.S. electricity industry. Our data comprises 1542 utilities and private energy firms and their renewable investments from 1999 to 2010.

The available and emerging renewable technologies suitable for urban environments have been assessed in a recent study. Wind and solar technology can now be integrated into building design, and smart grids and metering can more efficiently manage energy production and demand at a local level. Investing in community-level renewable-energy projects can, therefore, help meet the future energy needs of towns and cities.

IBM today announced that energy system supplier Alstom, and Ikerlan-IK4, an energy technology research and development organization, are using IBM software to develop wind turbine control systems that significantly improve the performance of sustainable power systems based on wind-generated energy.

2018 was another defining year for the lithium supply chain as the global population continued to make remarkable strides towards the implementation of clean energy and transportation. Although the clean energy and transportation industries are only in their early days, it has become apparent that renewables and electrification of transportation are an irreversible trend, one that has begun to disrupt many established industries.

The user selection board of the €11 million (US$11.8 million) Funding Ocean Renewable Energy through Strategic European Action (FORESEA) project has awarded “Recommendations for Support” to 15 offshore renewable energy technologies, according to an announcement today from FORESEA.  

Barker Library - TJ808.G56 2019

Online Resource