...
首页> 外文期刊>Technological forecasting and social change >Investment decisions in the renewable energy sector: An analysis of non-financial drivers
【24h】

Investment decisions in the renewable energy sector: An analysis of non-financial drivers

机译:可再生能源领域的投资决策:非金融驱动因素分析

获取原文
获取原文并翻译 | 示例
           

摘要

Notwithstanding their many environmental, economic and social advantages, renewable energy technologies (RE) account for a small fraction of the world's primary energy supply. One possible cause for this limited diffusion is that private investments in the RE sector, although potentially appealing, remain insufficient. The lack of adequate financing is also a clear indication that our understanding of the process by which investors fund RE ventures is still incomplete. This paper aims to fill in this gap and to shed new light on RE investment decisions. Building upon behavioral finance and institutional theory, we posit that, in addition to a rational evaluation of the economics of the investment opportunities, various non-financial factors affect the decision to invest in renewables. We analyze the investment decisions of a large sample of investors, with the objective to identify the main determinants of their choices. Our results shed new light on the role of institutional and behavioral factors in determining the share of renewable energy technologies in energy portfolios, and have important implications for both investors and policy makers: they suggest that RE technologies still suffer from a series of biased perceptions and preconceptions that favor status quo energy production models over innovative alternatives.
机译:尽管具有许多环境,经济和社会优势,但可再生能源技术(RE)占全球一次能源供应的一小部分。扩散受限的一个可能原因是,尽管有潜在吸引力,可再生能源领域的私人投资仍然不足。缺乏足够的融资也清楚表明我们对投资者投资可再生能源企业的过程的理解仍然不完整。本文旨在填补这一空白,为可再生能源投资决策提供新的思路。基于行为金融和制度理论,我们认为,除了对投资机会的经济学进行合理评估外,各种非金融因素也会影响对可再生能源投资的决定。我们分析了大量投资者的投资决策,目的是确定他们选择的主要决定因素。我们的研究结果揭示了制度因素和行为因素在确定可再生能源技术在能源投资组合中的份额方面的作用,并对投资者和政策制定者均具有重要意义:他们认为可再生能源技术仍然遭受一系列偏见和偏爱现有能源生产模式的先入之见,而不是创新的替代方案。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号