The long-term effects of cautious feed-in tariff reductions on photovoltaic generation in the UK residential sector
Monica Castaneda,
Sebastian Zapata,
Judith Cherni,
Andres J. Aristizabal and
Isaac Dyner
Renewable Energy, 2020, vol. 155, issue C, 1432-1443
Abstract:
In recent years, the UK electricity sector has been seeking to achieve its environmental targets through subsidies to renewables. Although subsidies, through feed-in tariffs, to promote the adoption of photovoltaic (PV) systems by UK households had been successful, the government decided to significantly reduce these incentives. As these tariffs were precisely aimed to incentivise households to adopt PV systems, cutting those fees may have conflicted with the stated purpose of the policy, and its impact on industry participants is in turn uncertain.
Keywords: Distributed solar PV system; Feed-in tariff; Utilities; Solar companies; Simulation; System dynamics (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (24)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:155:y:2020:i:c:p:1432-1443
DOI: 10.1016/j.renene.2020.04.051
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