Climate Change Data Portal
| DOI | 10.1016/j.enpol.2020.111428 |
| Renewable energy investment risk: An investigation of changes over time and the underlying drivers | |
| Egli F. | |
| 发表日期 | 2020 |
| ISSN | 03014215 |
| 卷号 | 140 |
| 英文摘要 | Building an energy system compatible with the Paris Agreement requires large-scale investment in renewable energy technologies (RET). Designing effective energy policies, therefore, requires an understanding of the dynamics of RET investment risk. This study draws on RET project data and 40 interviews with investors in Germany, Italy and the United Kingdom. We identify the five most relevant RET investment risk types (curtailment, policy, price, resource and technology), show their relative importance over time and use a network analysis of interview transcripts to identify the drivers behind the observed changes. We show that risk premiums and investment risk have declined for solar photovoltaics and onshore wind technologies in all three countries. Increasing technology reliability at a lower cost, data availability, better assessment tools and credible and stable policies were crucial elements of this declining investment risk. While policy and technology risks have become relatively less important over time, curtailment and price risks are becoming relatively more important. From these insights, we derive recommendations for policymakers aiming to accelerate the transition towards a Paris-compatible energy system. © 2020 The Author |
| 关键词 | Energy financeInvestment riskPublic policyRenewable energy |
| 英文关键词 | Public policy; Risk assessment; Solar power generation; Data availability; Energy finances; Investment risks; Large scale investments; Renewable energies; Renewable energy investments; Renewable energy technologies; Solar photovoltaics; Investments; alternative energy; cost analysis; energy efficiency; energy policy; investment; photovoltaic system; renewable resource; wind power; Germany; Italy; United Kingdom |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204641 |
| 作者单位 | Energy Politics Group, Department of Humanities, Social and Political Sciences, ETH Zurich, Switzerland |
| 推荐引用方式 GB/T 7714 | Egli F.. Renewable energy investment risk: An investigation of changes over time and the underlying drivers[J],2020,140. |
| APA | Egli F..(2020).Renewable energy investment risk: An investigation of changes over time and the underlying drivers.Energy Policy,140. |
| MLA | Egli F.."Renewable energy investment risk: An investigation of changes over time and the underlying drivers".Energy Policy 140(2020). |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Egli F.]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Egli F.]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Egli F.]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
