Johnston, A.; Amalia, A.; Neuhoff, K. - Faculty of Economics, University of Cambridge - 2007
) minimise regulatory risk and thus capital costs for new projects. Long-term take or pay contracts minimise regulatory …Renewables require support policies to deliver the European 20% target. We discuss the requirements for least cost … development and efficient operation and quantify how different schemes (i) allow for the development of a renewable energy …