Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2018.04.031 |
Sensitivity of energy system investments to policy regulation changes: Too many, too fast? | |
Bondarev, Anton; Weigt, Hannes | |
2018-08-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 119页码:196-205 |
文章类型 | Article |
语种 | 英语 |
国家 | Switzerland |
英文摘要 | In this paper we argue, that the interaction of energy policy regulations in the European electricity sector may be described by the slow-fast class of dynamical systems. Such systems may exhibit drastic changes in their dynamics known as bifurcations; one important being the so called blue sky catastrophe. Once reaching such a state, the slow system becomes unresponsive to the changes in the fast system. For the energy-policy nexus this translates into the energy system becoming unresponsive to policy interventions leading to a freeze in the system dynamics. Application of this result allows us to argue that caution is needed when updating economic policies to achieve a faster transition towards a low carbon energy supply structure. To avoid this risk the policy design should be aimed at long term incentive structures with less frequent but more consistent interventions. |
英文关键词 | European energy transition Energy infrastructure Investments Policy design Slow-fast systems Blue sky catastrophe |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000439671200019 |
WOS关键词 | BLUE-SKY CATASTROPHE ; CLIMATE POLICY ; SLOW ; GERMANY ; LIBERALIZATION ; TRANSITION |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18149 |
专题 | 气候变化 |
作者单位 | Univ Basel, Fac Business & Econ, Peter Merian Weg 6, CH-4002 Basel, Switzerland |
推荐引用方式 GB/T 7714 | Bondarev, Anton,Weigt, Hannes. Sensitivity of energy system investments to policy regulation changes: Too many, too fast?[J]. ENERGY POLICY,2018,119:196-205. |
APA | Bondarev, Anton,&Weigt, Hannes.(2018).Sensitivity of energy system investments to policy regulation changes: Too many, too fast?.ENERGY POLICY,119,196-205. |
MLA | Bondarev, Anton,et al."Sensitivity of energy system investments to policy regulation changes: Too many, too fast?".ENERGY POLICY 119(2018):196-205. |
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