Greening Electricity Production: A Success Story of Multi-Level Governance Convergence and Innovation
Valentina Dinica
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Valentina Dinica: Center for Clean Technology and Environmental Policy, School of Governance and Management, University of Twente, P.O. Box 217, 7500 AE, Enschede, The Netherlands
Energy & Environment, 2008, vol. 19, issue 6, 787-801
Abstract:
This paper analyzes the diffusion of wind power in Spain from the perspective of the multi-level governance features that contributed to the outcomes observed so far. Public authorities at all governance levels designed strategies that converged to reinforce each other's positive effects on potential investors and social acceptance. Next to implementing traditional policy instruments for financial support, Spanish authorities also engaged in direct capital investments in wind power, in the form of public-private partnerships, to reduce the risk perceptions of investors. Besides, regional authorities developed long-term strategies for wind power deployment to accommodate investors' plans. The convergence of these three strategies has led to a high investment interest and resulted in an exponential annual increase in the installed capacity of wind power.
Keywords: Wind power; Spain; Multi-level governance; Public-private partnerships (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:engenv:v:19:y:2008:i:6:p:787-801
DOI: 10.1260/095830508785363596
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