Support systems and the sustainability of market diffusion processes for renewable energy technologies

Valentina Dinica

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    Abstract

    This paper proposes a framework for the analysis of market diffusion potential of different support systems for the removal of the economic and financing barriers of renewable energy technologies. It argues that, although a large variety of trade arrangements and policy instruments can be designed in order to induce market diffusion of renewable technologies, any support system can be described in terms of aggregated economic-policy risks and possible ranges of projects' profitability. These two characteristics influence the diffusion patterns of renewable technologies, which in their turn influence the potential for market share increase and long-term continuity of market diffusion processes. The paper presents a series of theoretical expectations for the forms of diffusion patterns and sustainability of market diffusion processes under different risk-profitability investment contexts and some empirical evidence in support of the expectations.
    Original languageEnglish
    Title of host publicationRenewable energy: renewables, world's best energy option
    Subtitle of host publicationWorld Renewable Energy Congress VII, 29 june-5 july 2002, Cologne, Germany
    EditorsA.A.M. Saylgh
    Place of PublicationAmsterdam
    PublisherPergamon
    Number of pages5
    ISBN (Print)9780080440798
    Publication statusPublished - 2002
    Event7th World Renewable Energy Congress, WREC 2002 - Cologne, Germany
    Duration: 29 Jun 20025 Jul 2002
    Conference number: 7

    Conference

    Conference7th World Renewable Energy Congress, WREC 2002
    Abbreviated titleWREC VII
    CountryGermany
    CityCologne
    Period29/06/025/07/02

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