Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.04.005 |
Solar feed-in tariffs in a post-grid parity world: The role of risk, investor diversity and business models | |
Karneyeva, Yuliya; Wuestenhagen, Rolf | |
2017-07-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 106 |
文章类型 | Article |
语种 | 英语 |
国家 | Switzerland |
英文摘要 | Over the past decade, feed-in tariffs have spurred significant deployment of solar photovoltaics in Germany and other countries. With recent cost trends, several countries are approaching retail grid parity. Some policymakers conclude that now is the time to remove feed-in tariffs, as grid parity creates a self-sustaining market, where economically rational investors will invest even in the absence of government incentives. Recent experience in key European solar markets, however, shows that with the advent of grid parity and the reduction of feed-in tariffs, investment in new solar capacity has decreased rather than increased, making it questionable whether low-carbon energy policy targets will be reached. We conduct a cross-case study analysis of three PV markets Germany, Italy and Switzerland to investigate the role of feed-in tariffs for the near- and post-grid parity stages of diffusion, accounting for investor diversity and distinguishing between implications for revenue-based and savings-based business models. We find that recent market trends are strongly driven by increased levels of risk, especially policy risk and exposure to revenue risk. We therefore suggest that relatively frugal but stable policy environments may be conducive to further growth of investment in photovoltaics and minimize cost to society. |
英文关键词 | Solar photovoltaics Investment Business model Germany Italy Switzerland |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000402343600044 |
WOS关键词 | RENEWABLE ENERGY TECHNOLOGIES ; EMPIRICAL-EVIDENCE ; POLICY ; SUPPORT ; SYSTEM ; DIFFUSION ; GERMANY ; CHOICE ; SCHEME ; COSTS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19271 |
专题 | 气候变化 |
作者单位 | Univ St Gallen, Chair Management Renewable Energies, Tigerbergstr 2, CH-9000 St Gallen, Switzerland |
推荐引用方式 GB/T 7714 | Karneyeva, Yuliya,Wuestenhagen, Rolf. Solar feed-in tariffs in a post-grid parity world: The role of risk, investor diversity and business models[J]. ENERGY POLICY,2017,106. |
APA | Karneyeva, Yuliya,&Wuestenhagen, Rolf.(2017).Solar feed-in tariffs in a post-grid parity world: The role of risk, investor diversity and business models.ENERGY POLICY,106. |
MLA | Karneyeva, Yuliya,et al."Solar feed-in tariffs in a post-grid parity world: The role of risk, investor diversity and business models".ENERGY POLICY 106(2017). |
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