Renewable energy deployment policy: A transition management perspective

This paper analyzes major categories of renewable policy instruments in light of the framework of Transition Management. We leveraged the concept of levelized cost of electricity (LCOE) to unify the discussion of these instruments by "elaborating the differing effects such instruments have on the formation of the sociotechnological regime. Regimes are sets of grammer. logics and contexts which enable and constrain the interaction of actors associated with a physical technology. We compare these instruments by assuming the normative organization objective of a regime to be that of enhancing the cost-effectiveness of respective instruments. In other words, the socio-technological regime is to be organized and optimized to improve the LCOE of the energy technology. Our main contribution is to propose the rationalization of the regime objective and the implications to regime management and development strategy. This in turn would facilitate a much needed synthesis of normative and evolutionary deliberation in the framework of Transition Management.