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

  • del Río, Pablo
  • Bleda, Mercedes

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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File URL: http://www.sciencedirect.com/science/article/pii/S0301421512005952
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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
DOI: 10.1016/j.enpol.2012.07.014
Contact details of provider: Web page: http://www.elsevier.com/locate/enpol

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