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Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
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Although high investments need to be leveraged to increase the share of wind and solar energy generation, investment risk has not yet been integrated into commonly used approaches of renewable energy scenario development. However, to evaluate and reduce technological risk and associated...
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that causes the investment downturn during "off" years, but rather the uncertainty over its return. Specifically, it is the … dynamic of power purchase agreement (PPA) negotiations in the face of PTC renewal uncertainty that drives investment … uncertainty is a crucial component of effective renewable energy policy. The PTC as currently structured is not the only means …
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The success of climate and natural resource protection depends amongst others on the expansion of renewable energies. The policy paper describes the central results of the RESCUE study as well as the challenges and steps required to expand renewable energies in order to achieve greenhouse gas...
Persistent link: https://www.econbiz.de/10012161034
In 2015, India set itself a very ambitious task of expanding its installed base of renewable energies by more than five times to 175 gigawatt (GW) within seven years (by 2022). It was envisioned that 60 GW would be contributed by wind power. In 2018, the objective was revised upwards to 227 GW...
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