Renewable energy investment: Policy and market impacts

Wolf Heinrich Reuter, Jana Szolgayová, Sabine Fuss and Michael Obersteiner

Applied Energy, 2012, vol. 97, issue C, 249-254

Abstract: The liberalization of electricity markets in recent years has enhanced competition among power-generating firms facing uncertain decisions of competitors and thus uncertain prices. At the same time, promoting renewable energy has been a key ingredient in energy policy seeking to de-carbonize the energy mix. Public incentives for companies to invest in renewable technologies range from feed-in tariffs, to investment subsidies, tax credits, portfolio requirements and certificate systems.

Keywords: Real options; Energy policy; Renewables; Market effects (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (80)

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DOI: 10.1016/j.apenergy.2012.01.021

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