These real and perceived risks generally result in financing that is more costly than that which is available to more traditional generation sources.9 As the IPCC (2011) points out, to operate effectively, markets rely on timely, appropriate and truthful information. But energy markets are far from perfect, and this is especially true of markets in technological and structural transition, such as the RE market. Thus, as a result of insufficient information, underlying project risk can tend to be overrated and transaction costs can increase as compared to conventional fossil fuel technologies. Often, the viability of a specific investment is dependent upon a particular policy regime remaining in place, and this is a major risk that equity and debt (banks) investors will need to evaluate before deciding on the financing parameters for the project.