An energy pricing scheme for the diffusion of decentralized renewable technology investment in developing countries

An energy pricing scheme for the diffusion of decentralized renewable technology investment in developing countries

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Article ID: iaor20115974
Volume: 39
Issue: 7
Start Page Number: 4284
End Page Number: 4297
Publication Date: Jul 2011
Journal: Energy Policy
Authors:
Keywords: economics
Abstract:

• We simulate impacts of price support for market penetration of renewable technology in developing nations. • An array of price incentive mechanisms strengthens diffusion of renewable technology in Senegal. • Moreover, reliable institutional frameworks in developing nations are a requirement in order to strengthen diffusion path of renewable technologies.

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