The project analyses different policy instruments to support investments into renewable energies. In particular, uncertainty of demand and of technological progress is taken explicitly into account. A real option approach is applied to capture investment strategies of private investors. The aim is a comparison of the efficiency of the policy instruments in this framework, such as quota models and feed-in-tariffs. 

Project duration

01.04.2007 - 31.07.2008

Contact

Dr. Tim Mennel
Dr. Tim Hoffmann

Project members

Dr. Tim Mennel
Dr. Tim Hoffmann
Dr. Sara Scatasta