Return to search

What are the drivers and forces for companies within the energy sector to invest in renewable energy technologies

Climate change and renewable energy technologies are internationally discussed topics. Recently the subject was discussed during the Paris climate conference, COP21. Which lead to the establishing of the first ever universal agreement, legally binding climate deal, which include 195 countries around the world. With the goal to decrease global warming by 1.5 degrees Celsius the need of new innovative technologies are increasing dramatically.   This thesis will examine the characteristics of renewable energy technology investment behavior by identifying drivers and forces for companies to invest in relatively new and less mature technologies, which are usually associated with high investment costs. Is it possible to financially justify investments in renewable energy technologies during the current market situation with historically low energy prices and with a production surplus? By examining the market and investments the aim is to identify and understand what drives companies to invest in renewable energy technologies and if it is profitable from a financial sustainable perspective.   The main results and derived conclusions are that RET investments behavior are influenced by several forces and drivers. The findings indicate that investments in RETs aren’t necessarily economical sustainable but rather that other objectives are of more importance than profitability in the short term.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kth-189286
Date January 2016
CreatorsSamuelsson, Mattias
PublisherKTH, Entreprenörskap och Innovation
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

Page generated in 0.0015 seconds