Financial Support of Renewable Energy Systems: Investment Vs Operating Cost Subsidies
- Topics:
- Mechanical and Industrial
- Tags:
- Financial,
- Investment,
- Renewable Energy,
- Subsidy,
- Telecom & Utilities,
- University Of Klagenfurt
- Source:
- University of Klagenfurt
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Overview: The paper informs about the fact that today RETs account for only a modest proportion in meeting the world's total commercial energy demand means that there is a gap between the actual and the (economically and/or ecologically) optimal level of use. This paper critically contrast two of the most common approaches for renewable energy support: investment cost subsidies and operating cost subsidies and highlights advantages and disadvantages of these public policy responses to private under-investment, analyze their interplay, and draw some conclusions for an economically efficient and environmentally less damaging promotion of renewable energy use.
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Format: PDF | Size: 193KB | Date: Aug 2002 | Pages: 10
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