| ID | 191168 |
| Title Proper | Institutional constellations and policy instruments for offshore wind power around the North sea |
| Language | ENG |
| Author | Rentier, Gerrit |
| Summary / Abstract (Note) | This paper analyses how institutional constellations and their associated mode of risk allocation are reflected in the choice of policy instruments for the promotion of offshore wind power. Using the Varieties of Capitalism framework we expect that governments in Liberal Market Economies (LME) tend to use policy instruments that privatise investments and risk-taking, while those in Coordinated Market Economies (CME) use policy instruments that facilitate investments and shared risk-taking in the earlier, more riskful phase of technological development. We test our expectations through a longitudinal comparative analysis of the use of policy instruments and the deployment of offshore wind power in Denmark, the United Kingdom, Germany and the Netherlands between 1990 and 2020. |
| `In' analytical Note | Energy Policy Vol. 173; Feb 2023: p.113344 |
| Journal Source | Energy Policy 2023-02 173 |
| Key Words | Energy Transition ; Policy Instruments ; Offshore Wind Power ; Climate and Energy Policy |