Investing in photovoltaics: risk, accounting and the value of new technology

By Shimon Awerbuch. 2000

170 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/365a649184a8711f6c56ccfadab366aa4bd0396c

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Rolf Wüstenhagen
2. Anna Bergek
3. Ingrid Mignon
4. G. Sundberg
5. E. Menichetti
6. Raphael Sauter
7. Martin Berger
8. V. Dinica

In Finance

1. Ingrid Mignon
2. Anna Bergek
3. G. Sundberg
4. Martin Berger
5. Rolf Wüstenhagen
6. V. Dinica
7. E. Menichetti
8. Raphael Sauter

In Renewable Energy, Sustainability and the Environment

1. Raphael Sauter
2. Martin Berger
3. Ingrid Mignon
4. Anna Bergek
5. G. Sundberg
6. V. Dinica
7. E. Menichetti
8. Rolf Wüstenhagen

Citations in the corpus

• Exploiting the oil–GDP effect to support renewables deployment (2006, background): “The Capital Asset Pricing Model (CAPM), a part of modern finance theory, provides a more reliable means for estimating discount rates for fossil fuel and other generating cost components on the basis of estimated fossil fuel betas (Awerbuch, 1993, 1995, 2000, 2003a,b).”
• Who invests in renewable electricity production? Empirical evidence and suggestions for further research (2013, methodology): “Finally, Awerbuch (2000, 2003) and Carlson (2002) argue that social costs are underestimated in economic assessments which compare RES-E and conventional electricity production.”
• Optimal wind power deployment in Europe-A portfolio approach (2010, background): “Humphreys and McClain (1998) and Awerbuch (2000) evaluated the U.S. generation mix and showed that adding fixed-cost renewables to a portfolio of conventional generating assets serves to reduce overall portfolio cost and risk, even though their stand-alone generating costs may be higher.”
• Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research (2012, background): “Traditional engineering-economic models of valuing power generation assets, as they are employed by most electric utilities, do not account for this effect, hence potentially undervaluing renewables (Awerbuch, 2000a, 2000b, 2004).”
• Risks, revenues and investment in electricity generation: Why policy needs to look beyond costs (2010, background): “…poorer consumers can afford adequate levels energy services, particularly domestic heating. exposure of different technologies to a range of risks (Awerbuch, 2000, 2006).2 The wide range of estimates of cost is important to policymakers since it creates uncertainty and implies that support…”
• Support systems for the diffusion of renewable energy technologies—an investor perspective (2006, background): “For example, Awerbuch (2000) discusses the risks and costs of investing in photovoltaics and how investors make decisions on technology choice and project size (by means of loan size), as compared to other investment opportunities in the energy field or other fields.”
• APPLYING PORTFOLIO THEORY TO EU ELECTRICITY PLANNING AND POLICY-MAKING (2003, methodology): “97 Or from Awerbuch (2000).”
• Portfolio-Based Electricity Generation Planning: Policy Implications For Renewables And Energy Security (2006, background): “The finance theory aspects of this idea are further developed in Awerbuch (2000). PV is the”