This study analyses the diffusion of renewable energy (RE) technologies. It analyses the transition dynamics as the sector broadens its energy mix and changes its capital stock. This shift is found to be desirable from an environmental, geopolitical and economic perspective. Yet, it greatly...

This contribution discusses the policy-induced diffusion dynamics of environmental innovations. We use wind and solar power as examples of a new technology base of the electricity sector. This directly links to the renewable energy targets of “Europe 2020”; we reveal unforeseen and...