Show Less
Restricted access

Addressing Barriers to Low-Carbon Innovation

Essays on Structures and Policies to Mobilise Private Finance


Friedemann Polzin

The author analyses how finance flows can be guided towards low-carbon value generation and growth. He investigates the arrangements between actors in the innovation system and policy measures such as technology push, demand-pull and regulation with regard to their influence on private investments. The case studies include innovation intermediaries, energy service contracting for LED lighting and renewable energy project finance. The results show that barriers to low-carbon innovation inhibit the financing for companies, projects and infrastructure. Also, transparent structures which focus on risk and return facilitate private investments and, finally, both science, technology and innovation policies and regulation are needed to spur private finance.
Show Summary Details
Restricted access

4 Exploring the role of ESCOs to overcome barriers for innovative energy demand reduction technologies – the case of public LED street lighting in German municipalities


Friedemann Polzin, Paschen von Flotow & Colin Nolden

Abstract: Street lighting in Germany is primarily the responsibility of municipalities. The novelty of LEDs and their challenging diffusion can exceed existing municipal lighting governance capacities. Drawing from the energy services and product-service-system literature, this paper analyses the role of ESCOs in addressing some of the technological, economic, institutional and competency barriers currently hindering more rapid technological diffusion using transaction cost economics. The analysis provides recommendations regarding the governance of municipal street lighting and how ESCO solutions may help challenge incumbent structures.

4.1 Introduction

You are not authenticated to view the full text of this chapter or article.

This site requires a subscription or purchase to access the full text of books or journals.

Do you have any questions? Contact us.

Or login to access all content.