Sequential investment in renewable energy technologies under policy uncertainty

Although innovation and support schemes are among the main forces that drive investment in renewable energy (RE) technologies, both involve considerable uncertainty. We develop a real options framework to analyse the impact of technological, policy and electricity price uncertainty on the decision t...

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Veröffentlicht in:	Energy policy 2020-02, Vol.137, p.111152, Article 111152
Hauptverfasser:	Sendstad, Lars Hegnes, Chronopoulos, Michail
Format:	Artikel
Sprache:	eng
Schlagworte:	Adoption of innovations Electricity Electricity pricing Energy policy Energy technology Impact analysis Incentives Innovations Investment analysis Investment policy Investment strategy Investments Policy uncertainty Prices Real options Renewable energy Renewable energy technologies Renewable resources Subsidies Support schemes Technology Technology adoption Technology policy Technology utilization Uncertainty
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