Phasing out support schemes for renewables in neighbouring countries: An agent-based model with investment preferences

Support schemes have been central to the expansion of renewable electricity globally and in the European Union. As technologies mature, individual member states may decide to phase out these policies. While previous research has shown that such policy changes affect investors’ decisions, we investigate how they affect pathways and electricity...

Ending Subsidies Slows the Growth of Wind and Solar Power

Falling prices for renewables such as wind and solar are prompting policymakers at the national and European levels to consider phasing out support mechanisms. In a new scientific study, we show that discontinuing these instruments could have negative effects on the growth of these renewables. We arrived at this conclusion with the aid of a...