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- W2966486819 abstract "Deployment policies proved to effectively stimulate the diffusion of renewable energies. Yet,the adjustment of incentives to evolving technology costs remains a challenge. A previousstudy suggested novel policy designs, which automatically adjust the incentives based oncontrol theory principles, to produce a more effective and cost-efficient feed-in tariff forphotovoltaics (PV) than the historical policy in Germany. However, policy transfer betweencountries sometimes leads to policy failure. Thus, the reproducibility of the suggestedachievements in jurisdictions comprising different economic, social or environmental contextsremains unclear. Especially for technologies such as solar PV, the transfer of deploymentpolicies from one country to another could be particularly risky. They often combine rapidlyevolving technology costs, influenced by global and local learning rates, and an attractivenessheavily influenced by local factors, such as irradiation. This study assesses if the newmechanisms can repeat the improvements upon historical policies in Switzerland and Spain.Therefore, it employs an agent-based model of the socio-technical system for solar PV in eachcountry. The results state that the analyzed design can reliably achieve a higher deploymentwith significantly lower costs per installed capacity than the simulated historical policies in eachcountry. It can curb, yet not fully avoid the historically occurred boom and bust cycles in Spain. The results show that different overall deployment targets as well as different initial incentive levels do not compromise the policy’s cost efficiency when using the new suggested policydesign. However, they stress that a later deployment generally allows for higher cost-efficient policies. The novel policy design could offer policy makers a reliable new tool for designing future deployment policies under different conditions that effectively accelerate the diffusion oftechnologies to mitigate climate change without becoming too costly. As it becomes less critical to decide upon the right initial level of incentives or a suitable target for overall deployment, the novel design could encourage governments to apply deployment policies in the future." @default.
- W2966486819 created "2019-08-13" @default.
- W2966486819 creator A5026708903 @default.
- W2966486819 date "2018-09-05" @default.
- W2966486819 modified "2023-09-27" @default.
- W2966486819 title "Spreading the use of responsive adjustment mechanismsfor renewable energy deployment policies: An agent-basedmodelling cross-country evaluation" @default.
- W2966486819 hasPublicationYear "2018" @default.
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