Are renewable energy subsidies effective? Evidence from Europe. (July 2017)
- Record Type:
- Journal Article
- Title:
- Are renewable energy subsidies effective? Evidence from Europe. (July 2017)
- Main Title:
- Are renewable energy subsidies effective? Evidence from Europe
- Authors:
- Nicolini, Marcella
Tavoni, Massimo - Abstract:
- Abstract: We test if policy support for renewable electricity have been effective in promoting renewables in the five largest European countries in the period 2000–2010. We collect data on the exact amount of monetary incentives and the average tariffs granted. The econometric analysis reveals a positive correlation between subsidies and the production of incentivized energy, as well as the installed capacity. We find that a 1% (1c€) increase in the incentive (tariff) leads to an increase in renewable generation of 0.4–1% (18–26%). Feed-in tariffs appear to outperform tradable green certificates. Overall, the analysis shows that these policies have been effective in promoting renewable energy, both in the short and in the long run.
- Is Part Of:
- Renewable & sustainable energy reviews. Volume 74(2017)
- Journal:
- Renewable & sustainable energy reviews
- Issue:
- Volume 74(2017)
- Issue Display:
- Volume 74, Issue 2017 (2017)
- Year:
- 2017
- Volume:
- 74
- Issue:
- 2017
- Issue Sort Value:
- 2017-0074-2017-0000
- Page Start:
- 412
- Page End:
- 423
- Publication Date:
- 2017-07
- Subjects:
- Tradable green certificates -- Feed-in tariff -- Renewable energy sources electricity (RES-E) -- Subsidies
Renewable energy sources -- Periodicals
Power resources -- Periodicals
Énergies renouvelables -- Périodiques
Ressources énergétiques -- Périodiques
333.794 - Journal URLs:
- http://www.sciencedirect.com/science/journal/13640321 ↗
http://www.elsevier.com/journals ↗
http://www.journals.elsevier.com/renewable-and-sustainable-energy-reviews ↗ - DOI:
- 10.1016/j.rser.2016.12.032 ↗
- Languages:
- English
- ISSNs:
- 1364-0321
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7364.186000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 108.xml