Several market failures, as well as other technical, economic and regulatory barriers to the market
penetration of clean energy technologies result in under-investment of private innovators in RD&D.
Therefore, public support is needed in order to induce innovations. Policy tools creating market
conditions that are attractive for the exploitation of clean technologies (market pull) must be combined
with other tools directly supporting the development of these technologies through the provision of
public funds (technology push). Thereby, financing policy instruments should be chosen so that their
characteristics match with those of the specific innovation process being targeted at the same time that
social welfare is maximized. We develop an analytical framework to define the form of public support
and to provide recommendations on the optimal choice of both technology push and market pull
instruments.
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Multimodal digital mobility services (MDMS) are instrumental to fostering multimodality as they promote comparability, transparency, and the selling of products across operators and modes. MDMS stand to directly benefit passengers [...]
We need to wonder if a reform of the EU internal electricity market would suffice to deliver EU energy security, decarbonization, and electrification. Regrettably, this is not the case. Let [...]
La crise énergétique a révélé l’incapacité de l’or- ganisation du marché européen de l’électricité à répondre aux trois défis de la décarbonation, de la sécurité d’approvisionnement et des prix abordables. [...]
Réussir l’électrification des usages pour mener la transition écologique et renforcer la souveraineté énergétique et industrielle de la France. Selon les principaux scénarios, la trajectoire de décarbonation entraînera une augmentation [...]
La notion de « réforme des marchés européens de l’électricité » est tout à fait d’actualité au moment où nous rédigeons ce document de travail, au début de l’année 2023. [...]
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