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Incentives, Risk and Climate Change Policy Evolution: Modelling its impact on Electricity Investment - EP0204
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Description
The project is concerned with how society’s concerns about climate change are transmitted into investment commitments by private energy companies in liberalised markets. This presents a delicate problem of incentive setting and risk allocation, through several layers of institutional policy setting and corporate decision-making. The overall benefit of this project is that it will lead to a better understanding of how risks can be allocated between policy-makers and company decision-makers, which could help to guide policy design towards creating a more consistent set of objectives for all market participants in the electricity system. |
Time-Scale and Cost
From:
2007
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To:
2009
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Cost: £10,000 |
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Contractor / Funded Organisations
London Business School |
Keywords
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