During the past decade, renewable energy sources have become an indispensable pillar in European electricity generation. This paper aims at examining if the increasing importance of renewables stimulates investment in European power transmission networks. The question of interest is addressed by an error correction investment model that builds on Neoclassical theory and is further augmented by recent literary findings. Under the proposed threefold estimation strategy, the share of renewables is not found to significantly influence investment spending when the full set of transmission system operators are considered. However, a slight and justified sample restriction leads to the conclusion that a rising share of renewable energy sources substantially increases investment in power transmission networks.ud
展开▼
机译：在过去的十年中，可再生能源已成为欧洲发电不可或缺的支柱。本文旨在研究可再生能源重要性的提高是否会刺激对欧洲输电网络的投资。通过建立在新古典主义理论基础上的纠错投资模型来解决感兴趣的问题，该模型在最近的文学发现中得到了进一步的补充。在拟议的三重估算策略下，当考虑整套输电系统运营商时，可再生能源的份额不会显着影响投资支出。但是，对样本进行了少量合理的限制后得出的结论是，可再生能源的份额不断增加，从而大大增加了对输电网络的投资。 ud
展开▼
