IDEAS home Printed from https://ideas.repec.org/a/cup/buspol/v20y2018i04p553-587_00.html
   My bibliography  Save this article

Opening new markets for clean energy: The role of project developers in the global diffusion of renewable energy technologies

Author

Listed:
  • Steffen, Bjarne
  • Matsuo, Tyeler
  • Steinemann, Davita
  • Schmidt, Tobias S.

Abstract

As renewable energy supply chains have grown increasingly globalized, national clean energy transitions have become highly influenced by international dynamics. However, these dynamics are themselves collectively shaped by domestic policy that drives the deployment of renewables. While spatial spillovers of domestic renewable energy policies have been studied on an aggregate level regarding policy diffusion or the flows of technology across countries, implications on an actor-level have been largely neglected. This article addresses this gap by analyzing global patterns of market openings for wind, solar PV, and biomass, focusing on the role of private project developers in developing countries. We use a mixed method design, based on a newly merged dataset encompassing eighty countries, and on interviews with pioneering project developers. Results highlight how patterns in market openings are shaped considerably by technology characteristics. Further, empirical results show international private developers are a key first mover in many developing countries. We explore drivers for this internationalization trend, including the impact of international developers' home country policies and the accumulation of tacit knowledge from home country markets for market openings abroad. Finally, we discuss implications for industrial policy and argue for further research on global spillovers of national policies on the actor-level.

Suggested Citation

  • Steffen, Bjarne & Matsuo, Tyeler & Steinemann, Davita & Schmidt, Tobias S., 2018. "Opening new markets for clean energy: The role of project developers in the global diffusion of renewable energy technologies," Business and Politics, Cambridge University Press, vol. 20(4), pages 553-587, December.
  • Handle: RePEc:cup:buspol:v:20:y:2018:i:04:p:553-587_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1469356918000174/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nemet, Gregory F. & Lu, Jiaqi & Rai, Varun & Rao, Rohan, 2020. "Knowledge spillovers between PV installers can reduce the cost of installing solar PV," Energy Policy, Elsevier, vol. 144(C).
    2. Steffen, Bjarne, 2020. "Estimating the cost of capital for renewable energy projects," Energy Economics, Elsevier, vol. 88(C).
    3. Trotter, Philipp A., 2022. "The slow transition to solar, wind and other non-hydro renewables in Africa – Responding to and building on a critique by Kincer, Moss and Thurber (2021)," World Development Perspectives, Elsevier, vol. 25(C).
    4. Hansen, Ulrich Elmer & Lema, Rasmus, 2019. "The co-evolution of learning mechanisms and technological capabilities: Lessons from energy technologies in emerging economies," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 241-257.
    5. Chro Hama Radha, 2023. "Retrofitting for Improving Indoor Air Quality and Energy Efficiency in the Hospital Building," Sustainability, MDPI, vol. 15(4), pages 1-20, February.
    6. Matsuo, Tyeler & Schmidt, Tobias S., 2019. "Managing tradeoffs in green industrial policies: The role of renewable energy policy design," World Development, Elsevier, vol. 122(C), pages 11-26.
    7. Kanda, Wisdom & Hjelm, Olof, 2021. "Drivers for and barriers to the diffusion of biogas technologies through export," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    8. Beuse, Martin & Dirksmeier, Mathias & Steffen, Bjarne & Schmidt, Tobias S., 2020. "Profitability of commercial and industrial photovoltaics and battery projects in South-East-Asia," Applied Energy, Elsevier, vol. 271(C).
    9. Florian Egli & Rui Zhang & Victor Hopo & Tobias Schmidt & Bjarne Steffen, 2023. "The contribution of corporate initiatives to global renewable electricity deployment," Nature Communications, Nature, vol. 14(1), pages 1-12, December.
    10. Eicke, Laima & Weko, Silvia, 2022. "Does green growth foster green policies? Value chain upgrading and feedback mechanisms on renewable energy policies," Energy Policy, Elsevier, vol. 165(C).
    11. Steffen, Bjarne & Karplus, Valerie & Schmidt, Tobias S., 2022. "State ownership and technology adoption: The case of electric utilities and renewable energy," Research Policy, Elsevier, vol. 51(6).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buspol:v:20:y:2018:i:04:p:553-587_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/bap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.