Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10487140 | Energy Policy | 2011 | 9 Pages |
Abstract
⺠We review and summarise Ireland's support scheme for renewable energy. ⺠We present information about the operation of the scheme in industry to date. ⺠The scheme is really a series of put options. ⺠Our option pricing model shows that the scheme is much more expensive/valuable than the industry has recognised to date. ⺠The existing scheme is inefficient and simple variations represent much better policy instruments.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Ronan Doherty, Mark O'Malley,