Investing in low-carbon transitions: energy finance as an adaptive market

Figures & data

Figure 1. Types of investors in the investment chain and the assumption of ‘market pull/market expansion' Source: Wüstenhagen and Menichetti (2012, p. 5).Notes: FFF, Friends, family and fools.

Figure 2. The three domains and their compatible theories of finance and capital

Figure 3. ‘Big Six’ capacity investment 2006–2014 (£ million)

Source: BNEF (2012, p. 8).
Notes: Includes all projects under construction at the start of 2012.

Wüstenhagen, R., & Menichetti, E. (2012). Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research. Energy Policy, 40, 1–10. doi: 10.1016/j.enpol.2011.06.050

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BNEF. (2012). Big six investment trends: A report for Greenpeace UK on the investment trends of the big six utilities. London: Bloomberg New Energy Finance.

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