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Rational Exuberance for Renewable Energy - An Economic Analysis (Hardcover, 2011 ed.)
Loot Price: R2,858
Discovery Miles 28 580
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Rational Exuberance for Renewable Energy - An Economic Analysis (Hardcover, 2011 ed.)
Series: Green Energy and Technology
Expected to ship within 10 - 15 working days
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Rational Exuberance for Renewable Energy is a beyond-the-hype
account of the underlying issues that encourage or plague
widespread dissemination of renewable energy (RE) technologies.
Renewable energy operates in the real world, and it cannot be
assumed that the conventional theories and incentive structures of
economics and business do not apply. The author argues that grants
and subsidies could be provided to support research, development
and technology improvement efforts, but should not be employed as
an instrument of state policy to intervene in specific markets. It
is important to recognize that although investors often demonstrate
an appetite for market risk, they find technology risks and policy
uncertainty much less appealing. Rational Exuberance for Renewable
Energy blends classical economic theory with the everyday realities
of the RE industry to identify incentive structures contributing to
the success - or otherwise - of project implementation involving
renewable sources and appropriate technologies. This book is a
compilation of articles that analyze individual RE technologies,
and offer multiple perspectives of the RE industry and markets.
Rational Exuberance for Renewable Energy is intended for policy
makers, advanced students of energy economics and sustainable
development, and for potential mainstream investors.
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