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ID:
176821
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| Summary/Abstract |
Energy technology research and development (R&D) typically focuses on advancing the performance and reducing equipment and installation costs. However, such R&D can also have significant indirect impacts on other factors. Incorporating the impact that R&D activities have on financing costs can provide a more complete picture of the consequences of these decisions, and may allow policymakers to make better decisions. In this paper we discuss some historical examples of R&D impacting financing costs in the solar energy sector, summarize the areas of R&D that can impact financing, and describe methodological approaches that can be used to quantify the impact of R&D on financing costs and, as a result, the levelized cost of energy (LCOE). We estimate that R&D-driven reductions in financing costs in the solar sector, from current levels to low-risk levels, could reduce LCOE approximately 25%. Alternatively, without the R&D advances needed to prevent future risks and complications, financing costs in the solar sector could increase by as much as 115%.
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| 2 |
ID:
176084
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| 3 |
ID:
135888
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| Summary/Abstract |
Immigration policy has repeatedly failed to fulfil the ambitions of its advocates. Successive governments have neither willed the means nor been open about the obstacles in their way to restricting immigration. Disappointing results have contributed to disillusionment with the political system and help to create the ground on which UKIP has prospered.
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