Renewable technologies and risk mitigation in small island developing states: Fiji’s electricity sector
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]
|Collections||ANU Research Publications|
|Source:||Renewable and Sustainable Energy Reviews|
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