IDEAS home Printed from https://ideas.repec.org/a/oup/scippl/v46y2019i5p648-660..html
   My bibliography  Save this article

Incumbents’ response to demand-side policies: The case of solar and wind power sectors

Author

Listed:
  • Hyundo Choi

Abstract

This work examines incumbents’ responses to two demand-side policies by focusing on their investment in new sustainable technologies. It focuses on how economic incentive and regulatory policies shape the market environment and this affects incumbents’ investment in new technologies. By using mediation and difference-in-difference regression models, it examines incumbent utilities’ investment in solar and wind power plants. It reveals that incumbent utilities under the economic incentive policy more invest in the solar and wind power than those under the regulatory policy, as it places stronger competitive pressure on incumbent utilities to adapt to the new technology. Further, incumbents prefer alternative technologies complementary to their existing competences and expand their investment in a global market under policy-induced competitive pressures.

Suggested Citation

  • Hyundo Choi, 2019. "Incumbents’ response to demand-side policies: The case of solar and wind power sectors," Science and Public Policy, Oxford University Press, vol. 46(5), pages 648-660.
    • Handle: RePEc:oup:scippl:v:46:y:2019:i:5:p:648-660.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/scipol/scz017
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:scippl:v:46:y:2019:i:5:p:648-660.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/spp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.