Barriers to investment in utility-scale variable renewable electricity (VRE) generation projects
Wina Crijns-Graus and
Renewable Energy, 2018, vol. 121, issue C, 730-744
To effectively mitigate climate change, variable renewable electricity (VRE) is expected to substitute a great share of current fossil-fired electricity generation. However, VRE investments can be obstructed by many barriers, endangering the amount of investments needed in order to be consistent with the Paris 2 °C target. To help policy-makers better understand and assess these barriers, an integrated framework was developed. It establishes a clear connection between barriers identified in literature and the investment decision-making process, based on the project life of VRE assets. Barriers in this framework are defined as factors hindering the realization of a positive final investment decision (FID), which can lead to investment withdrawal.
Keywords: Variable renewable electricity; Barrier; Investment; Decision-making; Energy policy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:121:y:2018:i:c:p:730-744
Access Statistics for this article
Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides
More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Haili He ().