Repository logo
 

Mainstreaming New Renewable Energy Technologies


Type

Working Paper

Change log

Authors

Neuhoff, Karsten 
Sellers, Rick 

Abstract

This paper outlines the benefits, obstacles and options for governments to support international markets for technology development. International markets for new energy technologies offer greater scope, thereby increasing the incentives and opportunities for technology improvements. As the market is supported by more independent governments, the confidence of technology developers and producers that future markets for their products will exist is increasing, thus enabling capital access and inducing R&D investment and exploration of improved production processes. The bigger markets also allow for international competition, thus allowing for the application of the best available technology. The government challenge to induce sufficient RD&D remains and with international markets the benefits and costs of national governments free-riding on international effort needs to be addressed. Finally, we discuss how international co-operation can be used to evolve the energy system in such a way that it can integrate new technologies at minimum cost.

Description

Keywords

Energy technology, Research and development, Deployment

Is Part Of

Publisher

Faculty of Economics

Publisher DOI

Publisher URL