Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2020.111787 |
The Role of public interventions in inducing private climate finance: An empirical analysis of the solar energy sector | |
Nicoletta Corrocher, Elisabetta Cappa | |
2020-08-24 | |
发表期刊 | Energy Policy
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出版年 | 2020 |
英文摘要 | This paper analyses the factors explaining the recent boost in solar energy private investments, focusing on the role of public finance and public policy tools - feed-in-tariffs and renewable energy quotas. Drawing on a micro-level database of financial transactions in solar energy projects in 23 OECD countries over the period 2004–2015, we perform a panel data analysis to study the relationship between public finance and public policies and private investments in solar energy, controlling for composition of the energy industry and market characteristics by country. We find that the provision of public finance is positively associated with private finance flows. Furthermore, we show that public policy stimulates private investments, but the effect of renewable energy quotas on private finance is larger than that of feed-in tariffs. Finally, the availability of fossil fuels constitutes an important barrier to solar energy investments, while the presence of alternative sources of clean energy does not hinder private climate finance. |
领域 | 气候变化 |
URL | 查看原文 |
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/292985 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | Nicoletta Corrocher, Elisabetta Cappa. The Role of public interventions in inducing private climate finance: An empirical analysis of the solar energy sector[J]. Energy Policy,2020. |
APA | Nicoletta Corrocher, Elisabetta Cappa.(2020).The Role of public interventions in inducing private climate finance: An empirical analysis of the solar energy sector.Energy Policy. |
MLA | Nicoletta Corrocher, Elisabetta Cappa."The Role of public interventions in inducing private climate finance: An empirical analysis of the solar energy sector".Energy Policy (2020). |
条目包含的文件 | 条目无相关文件。 |
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