Publisher's Synopsis
In most IEA countries a new investment cycle in power generation is looming and a window of opportunity exists to push for a cleaner and more efficient generation portfolio and help build a more sustainable infrastructure lasting over the next 40-50 years. This book looks at recent trends and prospects for investment in power generation as well as the main drivers and barriers, giving special emphasis to the question of how uncertainties may affect investment decisions. Uncertainties on: CO2 constraints, power plant licensing, acceptability of nuclear power, local opposition, government support for specific generation technologies, and government policies on energy efficiency are particularly disturbing. Government action is urgently needed: to reduce regulatory uncertainty for investors, to establish effective competitive markets and to give firm policy directions in those areas where markets fall short, such as in taking environment
