The role of energy support schemes in renewable energy market penetration

A wide consensus exists about climate change due to the use of fossil fuels. Energy efficiency, decreased use of fossil fuels, and wide diffusion of renewable energy are vital for limiting global warming. The objective of this study is to analyze how wind power and distributed bio-energy could be commercialized effectively. The evaluation is based on a case study, literature reviews and semi-structured interviews of energy experts. The results demonstrate that renewable energy is not yet competitive against fossil-fuel energy without political support schemes during the next decades. The research reveals that novel ecosystems require commercial support in their early lifecycle.

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