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Risky being green

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  • Christoph Weber

    (University of Duisburg-Essen)

Abstract

Capacity markets are meant to ensure adequate generation capacity to avoid electricity shortages without benefitting specific technologies. Now, research shows that by minimizing investment risks over operating risks, these markets favour fossil fuels over renewable energy unless other complementary instruments are introduced.

Suggested Citation

  • Christoph Weber, 2019. "Risky being green," Nature Energy, Nature, vol. 4(11), pages 906-907, November.
  • Handle: RePEc:nat:natene:v:4:y:2019:i:11:d:10.1038_s41560-019-0494-z
    DOI: 10.1038/s41560-019-0494-z
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    Cited by:

    1. Islam Elsayed & Yoshiki Nishi, 2020. "Emergy and Sustainability Ternary Diagrams of Energy Systems: Application to Solar Updraft Tower," Sustainability, MDPI, vol. 12(24), pages 1-16, December.
    2. Botor, Benjamin & Böcker, Benjamin & Kallabis, Thomas & Weber, Christoph, 2021. "Information shocks and profitability risks for power plant investments – impacts of policy instruments," Energy Economics, Elsevier, vol. 102(C).

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