This paper adopts a real options approach to analyze investment timing and capacity choice for renewable energy projects under different support schemes. The main purpose is to examine investment behavior under the most extensively employed support schemes, namely, feed-in tariffs and renewable...

This paper proposes a novel approach for distributed energy resource (DER) expansion planning from investors' viewpoint based on a combination of dynamic programming algorithm and game theory. An innovative framework is proposed in this paper to consider different aspects of distributed energy...

European governments have agreed to increase the share of renewable energy in final energy consumption to 20% by 2020. A crucial question for policy makers is how to mobilise the additional capital investments in RE and which consumer expenditures are involved. The article describes policy...

This article seeks to investigate the interactions between the policy dimensions of support schemes and network regulation and how they affect distributed generation. Firstly, the incentives of distributed generators and distribution system operators are examined. Frequently there exists a...

The introduction of renewable energy sources in the electricity generation mix has the potential to reduce power sector's emissions and countries' dependence on imported oil. Climate change concerns and highly volatile oil prices have attracted governments' interest and support to sustain...

While there is relatively limited disagreement on the general need for supporting the deployment of renewable energy sources for electricity generation (RES-E), there are diverging views on whether the granted support levels should be technology-neutral or technology-specific. In this paper we...