ASSESSING FEED-IN-TARIFF POLICY APPROACHES FOR AN ACTIVE PROMOTION OF RENEWABLE POWER. COMPARATIVE ANALYSIS FOR WIND AND PV TECHNOLOGIES

• Main Author: IRINA NASALCIUC
• Format: Article
• Language: English
• Published: University of Petrosani 2016-10-01
• Series: Annals of the University of Petrosani: Economics
• Subjects: support policies; feed-in-tariffs; investment risks; policy learning
• Online Access: http://www.upet.ro/annals/economics/pdf/2016/part1/Nasalciuc.pdf

The consequence of business-as-usual frameworks (BAU) has occasioned the market failures of modern economies inclusively of energy markets which shifted from BAU models to low carbon economies. Periodic paradigm shifts operating on energy markets drive impressive market transitions aiming to perform higher innovative approaches over the composite energy generation portfolios thus providing advanced managerial mechanisms for renewable energy sources-electricity (RES-E) strategic deployment inclusively. In this context it appeared imperious to develop smart policies and patterns of promoting renewables beyond and stimulate a fast transition to smart grids. The current paper aims to better address the policy risks and to extend the relevance of policy learning process involved in the course of boosting up a whole industry system. The study reveals an updated overlook on the feed-in-tariff policies operating on green markets, identifies their regulatory risks and offers a new sight over the interconnection Investment- Regulatory Policy- Economic efficiency in targeting new investments of RES-E, focusing on a case study assessment.