More competition: Threat or chance for financing renewable electricity?
- 作者：Sá ; ndor Szabó ; Arnulf Jä ; ger-Waldau
- 关键词：Renewable energy ; Liberalisation ; Electricity generation portfolio
- 刊名：Energy Policy
- 出版年：2008
- 期刊代码：15_03014215
- 类别：pw
- 出版时间：April 2008
- 卷：36
- 期：4
- 页码：1436-1447
- 文件大小：696 K
摘要
The paper examines how increased competition in electricity markets may reshape the future electricity generation portfolio and its potential impact on the renewable energy (RE) within the energy mix. The present analysis, which is based on modelling investor behaviour with a time horizon up to 2030, considers the economic aspects and conditions for this development with a particular focus on the photovoltaics. These aspects include pure financial/investment factors, such as the expected returns in the sector, subsidisation of certain RE resources and other policies focusing on the energy sector (liberalisation, environmental policies and security of supply considerations). The results suggest that policies aiming at the expansion of renewable energy technologies and strengthening the competition in the electricity markets have mutually reinforcing effects. More competition can reduce the financial burden of the existing renewable support schemes and consequently help to achieve the already established RE targets.