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Comparing the innovation effects of support schemes for renewable electricity technologies: A function of innovation approach

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Author Info

  • del Río, Pablo
  • Bleda, Mercedes

Abstract

The aim of this paper is to provide a comparative assessment of the innovation effects of instruments which support the diffusion of renewable electricity technologies with a functions-oriented technological innovation system perspective. The paper provides a link between two major streams of the literature: the functions of innovation systems and the literature on renewable electricity support schemes. We show that, when a functional perspective is adopted, feed-in tariffs are likely to be superior to other policy instruments (quotas with tradable green certificates and tendering), although they still need to be complemented with other instruments, most importantly, direct R&D support. Furthermore, those innovation effects are affected by the specific design elements of the instruments chosen.

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Bibliographic Info

Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 50 (2012)
Issue (Month): C ()
Pages: 272-282

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Handle: RePEc:eee:enepol:v:50:y:2012:i:c:p:272-282

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Web page: http://www.elsevier.com/locate/enpol

Related research

Keywords: Renewable electricity support; Innovation functions; Technological innovation systems;

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Cited by:
  1. Farrell, Niall & Devine, Mel & Lee, William & Gleeson, James & Lyons, Seán, 2013. "Specifying An Efficient Renewable Energy Feed-in Tariff," MPRA Paper 49777, University Library of Munich, Germany.
  2. Felix Groba & Barbara Breitschopf, 2013. "Impact of Renewable Energy Policy and Use on Innovation: A Literature Review," Discussion Papers of DIW Berlin 1318, DIW Berlin, German Institute for Economic Research.
  3. Enrico Botta, . "Green Growth: A Case Study on the Danish and Chinese Sectoral Innovation Systems," IEFE Working Papers 53, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.

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