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Climate TagsCorporate innovation
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  • This research paper analyzes the relative importance of various climate policy elements—specifically the EU Emission Trading System (EU ETS) and long-term climate policy targets—on the investment decisions of European power sector companies. Based on a 2009 survey of 65 power generators and 136 technology providers, the study examines two dimensions of innovation: the adoption of new plants and research, development, and demonstration (RD&D) activities. The findings indicate that climate policies are generally less influential than market factors and technology-specific regulations, though long-term targets are particularly critical for the RD&D activities of technology providers.

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    Themes: carbon pricingeu etspower sectorcorporate innovationclimate policy mix
    +1 more
    rd&d
    Climate Policy Initiative

    Document type: Research paper

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