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Title Comparing the innovation effects of support schemes for renewable electricity technologies: A function of innovation approach
ID_Doc 31361
Authors del Río, P; Bleda, M
Title Comparing the innovation effects of support schemes for renewable electricity technologies: A function of innovation approach
Year 2012
Published
Abstract The aim of this paper is to provide a comparative assessment of the innovation effects of instruments which support the diffusion of renewable electricity technologies with a functions-oriented technological innovation system perspective. The paper provides a link between two major streams of the literature: the functions of innovation systems and the literature on renewable electricity support schemes. We show that, when a functional perspective is adopted, feed-in tariffs are likely to be superior to other policy instruments (quotas with tradable green certificates and tendering), although they still need to be complemented with other instruments, most importantly, direct R&D support. Furthermore, those innovation effects are affected by the specific design elements of the instruments chosen. (C) 2012 Elsevier Ltd. All rights reserved.
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