DOI: 10.1016/j.enpol.2020.111993
论文题名: Effects of coordinating support policy changes on renewable power investor choices in Europe
作者: Melliger M. ; Lilliestam J.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 148 语种: 英语
中文关键词: Adaptive conjoint analysis
; Choice experiment
; Investment decision
; Policy change
; Policy coordination
; Renewable energy
英文关键词: Energy policy
; Conjoint analysis
; European Countries
; Large investors
; Market competition
; Policy changes
; Political pressures
; Renewable Power
; Support policy
; Competition
; alternative energy
; competition (economics)
; competitiveness
; investment
; policy analysis
; policy reform
; power generation
; Europe
英文摘要: The economic context for renewable power in Europe is shifting: feed-in tariffs are replaced by auctioned premiums as the main support schemes. As renewables approach competitiveness, political pressure mounts to phase out support, whereas some other actors perceive a need for continued fixed-price support. We investigate how the phase-out of support or the reintroduction of feed-in tariffs would affect investors’ choices for renewables through a conjoint analysis. In particular, we analyse the impact of coordination – the simultaneousness – of policy changes across countries and technologies. We find that investment choices are not strongly affected if policy changes are coordinated and returns unaffected. However, if policy changes are uncoordinated, investments shift to still supported – less mature and costlier – technologies or countries where support remains or is reintroduced. This shift is particularly strong for large investors and could potentially skew the European power mix towards an over-reliance on a single, less mature technology or specific generation region, resulting in a more expensive power system. If European countries want to change their renewable power support policies, and especially if they phase out support and expose renewables to market competition, it is important that they coordinate their actions. © 2020 The Author(s) Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167933
Appears in Collections: 气候变化与战略
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作者单位: Institute for Advanced Sustainability Studies (IASS), Potsdam, Germany; University of Potsdam, Germany
Recommended Citation:
Melliger M.,Lilliestam J.. Effects of coordinating support policy changes on renewable power investor choices in Europe[J]. Energy Policy,2021-01-01,148