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|Title:||Increasing the Share of Photovoltaics; Is it an Obstacle or Imminent for a Competitive European Electricity Market?|
|Citation:||Global Aspects of PV Solar Electricity vol. Global PV Policy and Financing Initiatives p. 2966-2974|
|Type:||Articles in periodicals and books|
|Abstract:||Photovoltaics is one of the fastest growing industries world-wide, but critics claim that this is only due to massive state subsidies and they call for a liberalised market and the removal of support measures for Photovoltaics. Is this a treat or a precondition for the development of Photovoltaics? This paper analyses the economic frame conditions and mentions market distortions which are present in the energy and electricity markets. To make this analysis, a non-linear model is used, which is capable of showing the effects on the generation portfolio through simultaneous changes in financial markets and technological development. Keywords: economic analysis, financing, modelling|
|JRC Directorate:||Sustainable Resources|
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