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Policy Mix for Diverse Energy Portfolio: The Case of Denmark

Jorgensen, Ben LU (2018) EKHM52 20171
Department 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:
author
Jorgensen, Ben LU
supervisor
organization
course
EKHM52 20171
year
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}},
}