Do costs fall faster than revenues ? Dynamics of renewables entry into electricity markets

@inproceedings{Green2015DoCF,
  title={Do costs fall faster than revenues ? Dynamics of renewables entry into electricity markets},
  author={Richard J. Green and Thomas-Olivier L{\'e}autier Juillet},
  year={2015}
}
In many countries, entry of renewable electricity producers has been supported by subsidies and financed by a tax on electricity consumed. This article is the first to analytically derive the dynamics of the generation mix, subsidy, and tax as renewable capacity increases. This enables us to complement and extend previous work by providing analytical… CONTINUE READING