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Top down strategy for renewable energy investment: Conceptual framework and implementation

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  • Lee, Cheuk Wing
  • Zhong, Jin

Abstract

Electricity market is undergoing a tremendous transformation throughout the world. A drastic reduction of carbon emission cannot be realized if renewable energy resources are not increased in share of generation mix. Currently, most of the traditional mechanisms, including regulatory policies, fiscal incentives and public financing, are initiated from and heavily relied on policymakers and governments. However, not only these schemes do not necessarily align with business interests of investors, but also the motivations for renewable energy developments are always initiated by governments. In order to realize the full potential of renewable energy investment, an innovative approach is necessary to motivate investors and lessen government expenditures.

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  • Lee, Cheuk Wing & Zhong, Jin, 2014. "Top down strategy for renewable energy investment: Conceptual framework and implementation," Renewable Energy, Elsevier, vol. 68(C), pages 761-773.
    • Handle: RePEc:eee:renene:v:68:y:2014:i:c:p:761-773
    DOI: 10.1016/j.renene.2014.03.015
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