Finance in global transition scenarios: Mapping investments by technology into finance needs by source
نویسندگان
چکیده
Numerous studies have presented scenarios regarding energy transition, including the computation of investment costs in various models. Although these project detailed pathways for different technologies, they do not distinguish between sources and types funding. They tell us what transition will cost, but how it to be financed. In this paper, we develop a methodology according which an appropriate financing mix can calculated from projections based on technology-related assumptions scenarios. We differentiate debt equity as well following sources: public/private Research, Development Demonstration (RD&D), small-distributed financing, venture capital (equity), public markets asset finance (debt provided by institutional investors). show that major commitments wind solar need come investors form finance. addition, achieve decarbonized power system, government private continue investing extend their engagement funding research, demonstration, early deployment. Finally, present number policy options targeting
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ژورنال
عنوان ژورنال: Energy Economics
سال: 2021
ISSN: ['1873-6181', '0140-9883']
DOI: https://doi.org/10.1016/j.eneco.2021.105281