Green Electricity Subsidies in Bulgaria - Vectors of (re)distribution
Svetlana Gercheva ()
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Svetlana Gercheva: University of Economics - Varna, Varna, Bulgaria
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2022, vol. 11, issue 1, 18-26
Abstract:
Government subsidies are usually targeted to confer benefits to consumers by lowering the prices they pay or to producers by raising the prices they receive. A relatively novel application of the public sector subsidies is within the renewable energy sector. Feed-in tariffs and feed-in premiums are among the driving forces behind the recent expansion of clean electricity generation, while the CO2 allowances allocated for free are projected to induce the conventional power plants in the new member states of the EU to invest the cost savings in environmental abatement. The current paper deals with the vectors of possible (re)distribution of the subsidies for green electricity in order to discern their progressive or regressive features in Bulgaria.
Keywords: green energy subsidies; progressive/regressive (re)distribution; feed-in tariffs; feed-in premiums; CO2 allowances; government compensations (search for similar items in EconPapers)
JEL-codes: H23 Q42 Q48 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:11:y:2022:i:1:p:18-26
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