European economies may start to move away from subsidising major renewables technologies such as onshore wind and solar power from 2020, according to an EU-funded study carried out by Cambridge Economic Policy Associates.
Lower costs for renewables technologies and a reduction in perceived investor risk as several technologies reach maturity will likely shrink the need for subsidies, according to the study, released last week.
"The scaling-up of [renewable energy sources for electricity: RES-e] deployment has brought dramatic cost reductions for some technologies, in particular onshore wind...
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