Financing renewable energy: Who is financing what and why it matters
SOAS University of London · University of London
Abstract
Successful financing of innovation in renewable energy (RE) requires a better understanding of the relationship between different types of finance and their willingness to invest in RE. We study the 'direction' of innovation that financial actors create. Focusing on the deployment phase of innovation, we use Bloomberg New Energy Finance (BNEF) data to construct a global dataset of RE asset finance flows from 2004 to 2014. We analyze the asset portfolios of different RE technologies financed by different financial actors according to their size, skew and level of risk. We use entropy-based indices to measure skew, and construct a heuristic index of risk that varies with the technology, time, and country of…
Citation impact
- FWCI
- 219.42
- Percentile
- 100%
- References
- 116
Authors
2Topics & keywords
- Finance
- Portfolio
- Venture capital
- Business
- Investment (military)
- Financial innovation
- Financial risk
- Construct (python library)