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