The impact of policy elements on the financing costs of RE investment: The case of wind power in Germany
AbstractRenewable energy support mechanisms affect the attractiveness of projects by influencing uncertainties in revenues or expenditures and ultimately result in a change in the financing costs. The influence of feed-in tariffs on financing costs was investigated. 26 wind onshore investors were surveyed in a conjoint analysis and the results were used in a cash flow model to quantify the impact. The introduction of premium models under a fixed remuneration tariff scheme seems to increase the financing costs considerably. --
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Bibliographic InfoPaper provided by Fraunhofer Institute for Systems and Innovation Research (ISI) in its series Working Papers "Sustainability and Innovation" with number S11/2011.
Date of creation: 2011
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-22 (All new papers)
- NEP-ENE-2011-09-22 (Energy Economics)
- NEP-EUR-2011-09-22 (Microeconomic European Issues)
- NEP-PPM-2011-09-22 (Project, Program & Portfolio Management)
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