Bollinger, Bryan. <br/><br/>
Valuing Technology Complementarities:  Rooftop Solar and Energy Storage / 
Bryan Bollinger, Naim Darghouth, Kenneth Gillingham, Andres Gonzalez-Lira. 
 - Cambridge, Mass.  National Bureau of Economic Research  2023. 
 - 1 online resource:  illustrations (black and white); 
 - NBER working paper series  no. w32003 .
 - Working Paper Series (National Bureau of Economic Research)  no. w32003. .
<br/><br/> December 2023. 
<br/><br/> Product complementarities can shape market patterns, influencing the demand for related products and their accessories. This study examines complementarities in the demand for rooftop solar and an accessory, battery energy storage. Using nationwide administrative data, we estimate a dynamic nested-logit model of solar and storage adoption. We quantify the demand complementarity between solar and storage, and find that if storage was not available, 20% of households who coadopt solar and storage would not adopt anything. We find that the demand for solar and storage bundles increases with power outages, with a larger effect in California. 
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<br/><br/><br/>System requirements: Adobe [Acrobat] Reader required for PDF files. <br/>Mode of access: World Wide Web. 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Model Construction and Estimation<br/>Electric Utilities<br/>Government Policy<br/>Government Policy