Support mechanisms for renewables: How risk exposure influences investment incentives
We analyse quantitatively how risk exposure from different support mechanisms, such as feed-in tariffs and premiums, can influence the investment incentives for private investors. We develop a net cash flow approach that takes systematic and unsystematic risks into account through cost of capital an...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Aalborg University Press
2016-06-01
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Series: | International Journal of Sustainable Energy Planning and Management |
Subjects: | |
Online Access: | https://journals.aau.dk/index.php/sepm/article/download/1120/1050 |