On the Success of Policy Strategies for the Promotion of Electricity from Renewable Energy Sources in the Eu

Anne Held, Mario Ragwitz and Reinhard Haas
Additional contact information
Reinhard Haas: Energy Economics Group, Vienna University of Technology, Gusshausstrasse 27-29/373-2, A-1040 Vienna, AUSTRIA

Energy & Environment, 2006, vol. 17, issue 6, 849-868

Abstract: In recent years, a wide range of strategies has been implemented in different EU-countries to increase the share of electricity generation from renewable energy sources. This paper evaluates the success of different regulatory strategies. The most important conclusions of this analysis are: (i) regardless of which strategy is chosen, it is of overriding importance that there should be a clear focus on the exclusive promotion of newly installed plants; (ii) a well-designed (dynamic) feed-in tariff system ensures the fastest deployment of power plants using Renewable Energy Sources at the lowest cost to society; (iii) promotion strategies with low policy risks have lower profit requirements for investors and, hence, cause lower costs to electricity customers.

Keywords: electricity; renewable energy sources; policy support; effectiveness; economic efficiency (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (47)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1260/095830506779398849 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:engenv:v:17:y:2006:i:6:p:849-868

DOI: 10.1260/095830506779398849

Access Statistics for this article

More articles in Energy & Environment
Bibliographic data for series maintained by SAGE Publications ().