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Business potential of sustainable energy in Korea: Hybrid method of various feasibility studies from path dependence and path evolution perspective

Hyun Joon Chang, In Sue Kim, Dong Wook Kim and Taeyong Yang

Renewable Energy, 2013, vol. 50, issue C, 464-475

Abstract: It is a common practice, in Korea as well as other countries, to use economic feasibility study for policy-maker or business communities before deciding substantial investments on sustainable energy projects especially photovoltaic industry in 2008.

Keywords: Sustainable energy; Path evolution; Bruce Merrifield–Ohe (BMO) method; Policy support; Feasibility study (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:50:y:2013:i:c:p:464-475

DOI: 10.1016/j.renene.2012.07.005

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