Is Belgium overshooting in its policy support to cut the cost of capital of renewable sources of energy ?

Antonio Estache and Anne-Sophie Steichen

Reflets et perspectives de la vie économique, 2015, vol. LIV, issue 1, 33-45

Abstract: The paper documents the differences in capital costs between electricity-generation companies in Belgium based on whether they rely on traditional thermal sources or on RES. The assessment involves an analysis of a sample of twenty-six firms. It shows that government programs have more than compensated renewable-energy firms for high capital costs related to the increased risks of these energy sources.

Date: 2015
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Working Paper: Is Belgium Overshooting in its Policy Support to Cut the Cost of Capital of Renewable Sources of Energy ? (2015)
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