A Framework for Fuel and Technology Transitions in Energy: Evaluating Policy Effectiveness

This paper discusses a framework that adds to existing approaches for evaluating energy transitions and policy. The framework that KAPSARC is developing aims to provide a tool for assessing the effectiveness of policy instruments in delivering rapid transitions in the energy mix. However, together with pace, policymakers aspire to support transitions that are both affordable and supportive of local economies, thereby maximizing societal gain relative to cost.