RIMT University, Mandi Gobindgarh, Punjab, India

Authors

  • Bhanu Mati Doshi Assistant Professor, Department of Management Studies, Vivekananda Global University, Jaipur, India Author

Keywords:

Design, Renewable, Renewable Electricity, Renewable Energy

Abstract

Tradable green credentials have lately  been a widely used tool in OECD nations to promote  renewable energy. Though it is too soon to offer a definite  judgment on the effectiveness of this mechanism in  boosting generating power and decreasing certificate costs,  one opinion in the literature contends that TGCs need long  agreements to be successful. This article adds to the  conversation by examining how financial limitations and  technical advancement may lead investors to have negative  expectations about their ability to make a business selling  green certifications Obviously, these assumptions would  discourage entrepreneurs from engaging in extra  equipment to satisfy TGC quotas, causing the price of  certificates traded in the market to remain high. Because  most design characteristics of TGCs have little impact on  this kind of expectation, long-term contracts are especially  essential in evaluating the efficacy and cost-efficiency of  these gadgets. TGCs should thus be scrutinized for  characteristics that encourage obligated parties to give  renewable generators long-term contracts. 

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Published

2021-11-30

Issue

Vol. 8 No. 6 (2021): International Journal of Innovative Research in Engineering & Management (Nov) 2021

Section

Articles

How to Cite

RIMT University, Mandi Gobindgarh, Punjab, India . (2021). International Journal of Innovative Research in Engineering & Management, 8(6), 625–628. Retrieved from https://acspublisher.com/journals/index.php/ijirem/article/view/11897