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来源类型Working papers
规范类型论文
DOI10.3929/ethz-b-000248306
The economics of renewable energy support
Abrell, Jan; Rausch, Sebastian; Streitberger, Clemens
发表日期2018-03
出版者ETH Zurich, Center of Economic Research (CER-ETH)
出版年2018
语种英语
摘要This paper uses theoretical and numerical economic equilibrium models to examine optimal renewable energy (RE) support policies for wind and solar resources in the presence of a carbon externality associated with the use of fossil fuels. We emphasize three main issues for policy design: the heterogeneity of intermittent natural resources, budget-neutral financing rules, and incentives for carbonmitigation. We find that differentiated subsidies for wind and solar, while being optimal, only yield negligible efficiency gains. Policies with smart financing of RE subsidies which either relax budget neutrality or use “polluter-pays-the-price” financing in the context of budget-neutral schemes can, however, approximate socially optimal outcomes. Our analysis suggests that optimally designed RE support policies do not necessarily have to be viewed as a costly second-best option when carbon pricing is unavailable.
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/248306
来源智库Centre for Energy Policy and Economics (Switzerland)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266788
推荐引用方式
GB/T 7714
Abrell, Jan,Rausch, Sebastian,Streitberger, Clemens. The economics of renewable energy support. 2018.
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