Strategic choices for renewable energy investment : Conceptual framework and opportunities for further research
Journal
Energy Policy
ISSN
0301-4215
ISSN-Digital
1873-6777
Type
journal article
Date Issued
2012-01
Author(s)
Abstract
This paper introduces the special issue on Strategic Choices for Renewable Energy Investment, which is a collection of best papers presented at an international research conference held in St. Gallen (Switzerland) in February 2010. Substantial private investment is needed if public policy objectives to increase the share of renewable energy and prevent dangerous anthropogenic climate change are to be achieved. The aim of this paper, and the entire special issue, is to draw scholarly attention to the processes underlying strategic choices for renewable energy investment, and how they are influenced by energy policy. We disentangle the role of risk-return perceptions, portfolio effects and path dependence in explaining energy investment decisions, and suggest that the heterogeneous universe of investors requires a segmentation of policies. The paper outlines some of the rich opportunities for further research in this emerging area. & 2011 Elsevier Ltd. All rights
Language
English
Keywords
Renewable energy
Finance
Investment
Finance
Investment
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Elsevier
Publisher place
Amsterdam
Volume
40
Number
1
Start page
1
End page
10
Pages
10
Subject(s)
Eprints ID
209339
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open.access
Name
A29_Wuestenhagen_Menichetti_EnPol_2012.pdf
Size
618.68 KB
Format
Adobe PDF
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