Falling prices for renewables such as wind and solar are prompting policymakers at the national and European levels to consider phasing out support mechanisms. In a new scientific study, we show that discontinuing these instruments could have negative effects on the growth of these renewables. We arrived at this conclusion with the aid of a model in which we have integrated empirical investor preferences for the first time.
|Place of Publication||Potsdam|
|Publisher||Institute for Advanced Sustainability Studies|
|Media of output||Online|
|Publication status||Published - 2021|