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Title Feed in or certificates, competition or complementarity? Combining a static efficiency and a dynamic innovation perspective on the greening of the energy industry
ID_Doc 32757
Authors Midttun, A; Gautesen, K
Title Feed in or certificates, competition or complementarity? Combining a static efficiency and a dynamic innovation perspective on the greening of the energy industry
Year 2007
Published Energy Policy, 35, 3
DOI 10.1016/j.enpol.2006.04.008
Abstract European policy on the greening of the energy industry has been characterised by a debate between proponents of two apparent polar opposites, feed in tariffs and certificate markets. Different European countries have chosen both mechanisms and, as a consequence, the European Union has maintained a fairly pluralist position, abstaining from stricter harmonisation. Taking a dynamic innovation perspective on European energy industry, we argue that feed in tariffs and certificate markets should not be seen as competing alternatives, but rather as complementary regulatory instruments targeting subsequent steps in the product cycle, on the way from early technology-conceptualisation and development towards competitive positioning in mature energy markets. We see both policy instruments as necessary to achieve the extensive transformation towards sustainable development that is judged as important tools in the context of the global climate challenge. (c) 2006 Elsevier Ltd. All rights reserved.
Author Keywords renewable energy; regulation; innovation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000244848800001
WoS Category Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
Research Area Business & Economics; Energy & Fuels; Environmental Sciences & Ecology
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