Volume- 8
Issue- 6
Year- 2021
DOI: 10.55524/ijirem.2021.8.6.136 | DOI URL: https://doi.org/10.55524/ijirem.2021.8.6.136
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)
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Bhanu Mati Doshi
Tradable green credentials have lately been a widely used tool in OECD nations to promote renewable energy. Though it is too soon to offer a definite judgment on the effectiveness of this mechanism in boosting generating power and decreasing certificate costs, one opinion in the literature contends that TGCs need long agreements to be successful. This article adds to the conversation by examining how financial limitations and technical advancement may lead investors to have negative expectations about their ability to make a business selling green certifications Obviously, these assumptions would discourage entrepreneurs from engaging in extra equipment to satisfy TGC quotas, causing the price of certificates traded in the market to remain high. Because most design characteristics of TGCs have little impact on this kind of expectation, long-term contracts are especially essential in evaluating the efficacy and cost-efficiency of these gadgets. TGCs should thus be scrutinized for characteristics that encourage obligated parties to give renewable generators long-term contracts.
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Assistant Professor, Department of Management Studies, Vivekananda Global University, Jaipur, India Email Id- bhanu.doshi@vgu.ac.in
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