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photovoltaics (PV) projects. In recent years, European countries increasingly combined feed-in tariffs for small renewables systems …
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We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ), Feed-In-Tariff (FIT), and Feed-In-Premium (FIP). We develop a stylized model of the electricity market, where renewables are characterized by a positive learning externality,...
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