Re-Allocating Risk: The Case for Closer Integration of Price- and Quantity-Based Support Policies for Clean Energy

Document Type

Article

Publication Date

11-2014

Journal Title

The Electricity Journal

ISSN

1040-6190

DOI

10.1016/j.tej.2014.10.004

Abstract

Using RPSs and FITs as proxies, this article makes the case for closer integration of quantity- and price-based policies for better allocation of investor and regulatory risk. With aggregate risk mitigation greater than the subtotal of its parts, a joint RPS-FIT regime requires lower returns to leverage private-sector investment in renewables while ensuring sustainable growth in clean energy deployment.

First Page

9

Last Page

19

Num Pages

11

Volume Number

27

Issue Number

9

Publisher

Elsevier

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