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Introduction
Publications
Publications (24)
Energy efficiency and renewable energy technologies provide important opportunities to reduce greenhouse gas emissions. However, households fail to take up many clean energy investments that are cost-effective. This article reviews different explanations for apparent underinvestment in energy efficiency that have been put forward in the literature....
This paper provides novel evidence on the main factors behind consumer choices regarding
investments in energy efficiency and renewable energy technologies using the OECD Survey on
Household Environmental Behaviour and Attitudes. The empirical analysis is based on the estimation
of binary logit regression models. Empirical results suggest that hous...
Rapidly mobilising finance from a wide variety of sources is crucial for scaling up wind deployment and enabling the clean energy transition. To do so will require an understanding how investors co-invest in wind project finance markets and how internal market dynamics align with rapid growth in deployment. Our analysis of the largest, mature wind...
Clean and affordable energy is crucial to achieve a sustainable future. Despite being controversial, hydropower remains the predominant low-cost and reliable source of energy at global level, as it stabilizes the provision of electricity and it bears the power peaks without losing efficiency. However, hydropower requires huge upfront investments an...
Developed country pledges to provide finance to developing countries for their mitigation actions and adaptation needs sit at the heart of international climate cooperation. Present commitments are deficient both in terms of their quantity and their distribution among developing countries. Using wind and solar energy financing data we highlight the...
The financial sector’s response to pressures around climate change has emphasized the role of disclosure, notably through the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. This Perspective examines two dimensions of the expectations behind transparency and disclosure initiatives: the belief...
Finance is vital for the green energy transition, but access to low cost finance is uneven as the cost of capital differs substantially between regions. This study shows how modelled decarbonisation pathways for developing economies are disproportionately impacted by different weighted average cost of capital (WACC) assumptions. For example, repres...
Supporting the transition towards a carbon neutral global economy requires the conversion of our energy systems to fully renewable sources. Over the past decades, solar and wind technologies have witnessed growth in investment and capacity and their role is expected to increase in the future. However, hydropower remains the primary renewable energy...
Finance is vital for the green energy transition, but the access to low cost finance is uneven as the cost of capital differs substantially between regions. This study shows how modelled decarbonisation pathways of developing economies are disproportionately impacted by assumptions around their cost of capital (WACC). For example, representing regi...
The finance sector’s response to pressures around climate change has emphasized disclosure, notably through the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). The implicit assumption—that if risks are fully revealed, finance will respond rationally and in ways aligned with the public i...
Growing global awareness of climate change has ushered in a new era demanding policy, financial and
behavioural innovations to accelerate the transition to a clean energy economy. Dramatic price decreases
in solar photovoltaics (PV) and public policy have underwritten the expansion of solar power, now
accounting for the largest share of renewable e...
Subsidy programs, such as feed-in tariffs, designed to make renewable technologies cost competitive with fossil fuels in electricity generation, have been effective in a number of nations. However, these subsidies can become very costly and they raise questions whether there are fair conditions for competition for different energy sources. As a res...
The paper describes the results of a survey, carried out with leading EU experts, on the capacity of both fully electric and plug-in hybrid vehicles to reach commercial success in the next twenty years. The success of electric transport is hampered by a combination of low range, scarce efficiency and high costs of batteries. Costs are expected to d...
New methods are needed to accelerate clean energy policy adoption. To that end, this study proposes an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low-income households. Implementing a policy such as PACE – P...
New methods are needed to accelerate clean energy policy adoption. Financing barriers represent a notable obstacle for energy improvements, especially in those countries where most of the population belongs to the low-middle income range, thus facing financial constraints. A policy such as PACE – Property Assessed Clean Energy – provides up-front f...
This paper demonstrates how achieving optimal integration between design and energy resources management can be particularly attractive in terms of energy consumption saving (cooling and heating) and greenhouse gas emissions lower. The building automation system is based on innovative middleware framework which simplifies the modeling of a software...
With a focus on alternative methods for accelerating clean energy policy adoption, this study introduces an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low-income households. Limited access to credit, due to...