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Development of feedback control for energy policy design to guarantee sustainable solar and wind power investment growth
Energy transition in the power sector is one of the main pathways to achieving the climate targets. In order to stimulate renewable power development, regulatory policies play a vital role. However, these policies have so far attained only partial results or unexpected consequences due to the unsuitable designs. Therefore, the study addresses the question, “How do regulatory policies have to be designed in order to create a favorable environment for renewable power development?” This work proposes to use feedback ...