Searched over 200M research papers
6 papers analyzed
These studies suggest that renewable energy policy and economics involve designing optimal policies that consider social, economic, and environmental objectives, using smart support mechanisms, integrating policy learning, and employing participatory evaluation to ensure diverse and sustainable energy solutions.
18 papers analyzed
Renewable energy policy and economics are critical areas of study as the world transitions towards sustainable energy systems. This research encompasses the design of optimal policy packages, economic potential, market failures, and the socio-economic impacts of renewable energy technologies. The following synthesis presents key insights from multiple research papers on this topic.
Optimal Policy Design and Market Failures:
Policy Learning and Societal Engagement:
Promotion Instruments and Economic Efficiency:
Integrated Assessment and Stakeholder Preferences:
Economic Characteristics and Global Energy Transformation:
The research highlights the importance of designing renewable energy policies that address market failures, integrate economic, environmental, and societal goals, and promote economic efficiency. Effective policy instruments, such as differentiated subsidies, TGC schemes, and bidding processes, are essential for the optimal deployment of renewable energy technologies. Additionally, fostering societal engagement and considering stakeholder preferences are crucial for the successful implementation of these policies. The global energy transition relies heavily on renewable energy and energy efficiency, necessitating supportive policy and regulatory frameworks to achieve significant reductions in greenhouse gas emissions and meet future energy demands.
Most relevant research papers on this topic