Considerations for the effective allocation of public funding in support of energy transitions require an appreciation of the success and failure of policy instruments in achieving balanced energy transitions. Understanding the impact of structural changes in supply chains of both new and incumbent technologies on competitiveness of renewable technologies and resultant uptake levels is an often overlooked factor. KAPSARC’s framework and model for evaluating transition policy and its effectiveness in balancing its multiple objectives begins to take these factors into account.
Policy Support for Energy Transitions: Where is Public Money Best Spent?
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