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Learning in the financial sector is essential for reducing renewable energy costs

Author

Listed:
  • Florian Egli

    (Social and Political Sciences, ETH Zurich)

  • Bjarne Steffen

    (Social and Political Sciences, ETH Zurich)

  • Tobias S. Schmidt

    (Social and Political Sciences, ETH Zurich)

Abstract

Financing costs for renewable energy technologies have decreased substantially over the past 18 years, helping make renewables more cost competitive. Leveraging the effect of financial learning and continuing the policies that facilitated favourable financing conditions are key for greater renewable energy adoption in the future.

Suggested Citation

  • Florian Egli & Bjarne Steffen & Tobias S. Schmidt, 2019. "Learning in the financial sector is essential for reducing renewable energy costs," Nature Energy, Nature, vol. 4(10), pages 835-836, October.
    • Handle: RePEc:nat:natene:v:4:y:2019:i:10:d:10.1038_s41560-019-0482-3
    DOI: 10.1038/s41560-019-0482-3
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    Cited by:

    1. Skare, Marinko & Gavurova, Beata & Sinkovic, Dean, 2023. "Regional aspects of financial development and renewable energy: A cross-sectional study in 214 countries," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1142-1157.
    2. Brown, T. & Reichenberg, L., 2021. "Decreasing market value of variable renewables can be avoided by policy action," Energy Economics, Elsevier, vol. 100(C).
    3. Webb, Jeremy & de Silva, H. Nadeeka & Wilson, Clevo, 2020. "The future of coal and renewable power generation in Australia: A review of market trends," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 363-378.
    4. Wang, Peilin & Liu, Qingsong & Li, Chun & Miao, Weipao & Yue, Minnan & Xu, Zifei, 2022. "Investigation of the aerodynamic characteristics of horizontal axis wind turbine using an active flow control method via boundary layer suction," Renewable Energy, Elsevier, vol. 198(C), pages 1032-1048.
    5. Vatamanu, Anca Florentina & Zugravu, Bogdan Gabriel, 2023. "Financial development, institutional quality and renewable energy consumption. A panel data approach," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 765-775.
    6. Alejandro Castillo-Ramírez & Diego Mejía-Giraldo, 2021. "Measuring Financial Impacts of the Renewable Energy Based Fiscal Policy in Colombia under Electricity Price Uncertainty," Sustainability, MDPI, vol. 13(4), pages 1-28, February.
    7. Christian Haas & Karol Kempa, 2023. "Low-Carbon Investment and Credit Rationing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(1), pages 109-145, October.

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