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Renewable technologies and risk mitigation in small island developing states: Fiji’s electricity sector

Dornan, Matthew; Jotzo, Frank

Description

Renewable technologies have been advocated in Small Island Developing States (SIDS) as a risk mitigation measure against oil price volatility. This paper applies empirical data in a custom-built stochastic simulation model in order to assess the economic impacts of renewable technology investments in Fiji’s electricity grid. The model extends previous applications of portfolio theory to the electricity sector by incorporating variability of output from different technologies. The results...[Show more]

CollectionsANU Research Publications
Date published: 2015
Type: Journal article
URI: http://hdl.handle.net/1885/111409
Source: Renewable and Sustainable Energy Reviews
DOI: 10.1016/j.rser.2015.03.059

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