Abstract:Innovation plays an important role in the transition towards a more sustainable energy system. The law is often thought of as an inhibiting factor for innovation. However, legal provisions may also serve to promote innovation. Laws which stipulate favourable conditions for renewable energy sources are an obvious example. Finally, existing laws will often not be suited to accommodate a new technology or business model, and the legislator may be slow in reacting to these new challenges. This increases the import… Show more
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