technological innovation on renewable investments in small off-grid islands. At the core of the framework, an energy system model … driver affecting system performance. The effects of technological innovation are instead strictly dependent on the technology … considered and the level of risk aversion of the decision maker. With respect to the technology competitiveness, photovoltaic is …

renewable energy consumption using the newspaper-based geopolitical risk (GPR) index introduced by Caldara and Iacoviello (2022 … side, governments investing more in energy technology innovations can cope with the geopolitical risk while securing a …

progress through R&D as well as learning-by-doing. A portfolio of three policy instruments is then needed to cope with the … existing externalities and optimal instrument choice is shown to be dependent on risk aversion of society as a whole as well as …