Policy Mix for Diverse Energy Portfolio: The Case of Denmark
(2018) EKHM52 20171Department of Economic History
- Abstract (Swedish)
- Climate change is a problem. The power sector will bear the brunt of decarbonisation. The most cost effective pathways of achieving deep decarbonisation involve a diverse portfolio of energy technologies. A considerable body of theory suggests that the composition of finance can influence not only the rate but the direction of technical change by selecting technologies with certain economic characteristics. This calls for a policy mix that can compensate for the biases of private finance and support the development of a diverse portfolio of energy technologies. This study will investigate Denmark’s instruments for supporting the development of clean energy technologies. The results suggest that although Denmark has an effective system of... (More)
- Climate change is a problem. The power sector will bear the brunt of decarbonisation. The most cost effective pathways of achieving deep decarbonisation involve a diverse portfolio of energy technologies. A considerable body of theory suggests that the composition of finance can influence not only the rate but the direction of technical change by selecting technologies with certain economic characteristics. This calls for a policy mix that can compensate for the biases of private finance and support the development of a diverse portfolio of energy technologies. This study will investigate Denmark’s instruments for supporting the development of clean energy technologies. The results suggest that although Denmark has an effective system of supporting energy technologies across the chain of innovation, there is a bias towards later stage enterprise support at the expense of early-stage research. (Less)
- Popular Abstract
- Climate change is a problem. The power sector will bear the brunt of decarbonisation. The most cost effective pathways of achieving deep decarbonisation involve a diverse portfolio of energy technologies. A considerable body of theory suggests that the composition of finance can influence not only the rate but the direction of technical change by selecting technologies with certain economic characteristics. This calls for a policy mix that can compensate for the biases of private finance and support the development of a diverse portfolio of energy technologies. This study will investigate Denmark’s instruments for supporting the development of clean energy technologies. The results suggest that although Denmark has an effective system of... (More)
- Climate change is a problem. The power sector will bear the brunt of decarbonisation. The most cost effective pathways of achieving deep decarbonisation involve a diverse portfolio of energy technologies. A considerable body of theory suggests that the composition of finance can influence not only the rate but the direction of technical change by selecting technologies with certain economic characteristics. This calls for a policy mix that can compensate for the biases of private finance and support the development of a diverse portfolio of energy technologies. This study will investigate Denmark’s instruments for supporting the development of clean energy technologies. The results suggest that although Denmark has an effective system of supporting energy technologies across the chain of innovation, there is a bias towards later stage enterprise support at the expense of early-stage research. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8962802
- author
- Jorgensen, Ben LU
- supervisor
- organization
- course
- EKHM52 20171
- year
- 2018
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Innovation Policy, Energy Innovation, Finance
- language
- English
- id
- 8962802
- date added to LUP
- 2019-02-26 09:19:27
- date last changed
- 2019-02-26 09:19:27
@misc{8962802, abstract = {{Climate change is a problem. The power sector will bear the brunt of decarbonisation. The most cost effective pathways of achieving deep decarbonisation involve a diverse portfolio of energy technologies. A considerable body of theory suggests that the composition of finance can influence not only the rate but the direction of technical change by selecting technologies with certain economic characteristics. This calls for a policy mix that can compensate for the biases of private finance and support the development of a diverse portfolio of energy technologies. This study will investigate Denmark’s instruments for supporting the development of clean energy technologies. The results suggest that although Denmark has an effective system of supporting energy technologies across the chain of innovation, there is a bias towards later stage enterprise support at the expense of early-stage research.}}, author = {{Jorgensen, Ben}}, language = {{eng}}, note = {{Student Paper}}, title = {{Policy Mix for Diverse Energy Portfolio: The Case of Denmark}}, year = {{2018}}, }