Ending Subsidies Slows the Growth of Wind and Solar Power

Marc Melliger, E.J.L. Chappin

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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.
Original languageEnglish
Place of PublicationPotsdam
PublisherInstitute for Advanced Sustainability Studies
Media of outputOnline
Publication statusPublished - 2021

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