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 language | English |
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Title of host publication | Renewable energy: renewables, world's best energy option |
Subtitle of host publication | World Renewable Energy Congress VII, 29 june-5 july 2002, Cologne, Germany |
Editors | A.A.M. Saylgh |
Place of Publication | Amsterdam |
Publisher | Pergamon Press |
Number of pages | 5 |
ISBN (Print) | 9780080440798 |
Publication status | Published - 2002 |
Event | 7th World Renewable Energy Congress, WREC 2002 - Cologne, Germany Duration: 29 Jun 2002 → 5 Jul 2002 Conference number: 7 |
Conference
Conference | 7th World Renewable Energy Congress, WREC 2002 |
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Abbreviated title | WREC VII |
Country/Territory | Germany |
City | Cologne |
Period | 29/06/02 → 5/07/02 |