Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting - from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment...

The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to...

Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting - from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment...