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Title:
Subsidies, interest rates, carbon prices could disrupt renewables expansion
Detail:
German and Swiss researchers have published a new study that questions the idea of a continual decrease in renewable energy costs, given the reality of rising interest rates and higher carbon prices. They outlined a scenario in which interest rates could rise by up to 5% and public incentives for renewables would be gradually phased out. This could result in a loss of 535GW of new renewables capacity, compared to a scenario in which interest rates remain at current levels.
Country:
International
Source:
PV-Magazine
Published Date:
07.03.2022
URL:
View Original URL
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Regions:
Africa Asia Australia Europe North America Oceania South America
Sectors:
Renewable Energy Construction Energy-Power and Electrical Computer Hardwares and Consumables
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