Hybrid modeling to support energy-climate policy: Effects of feed-in tariffs to promote renewable energy in Portugal

Sara Proença and Miguel Aubyn (mstaubyn@iseg.ulisboa.pt)

Energy Economics, 2013, vol. 38, issue C, 176-185

Abstract: Feed-in tariffs have been the main policy instrument applied in Portugal for the promotion of electricity produced from renewable energy sources under the EU Directives on energy and climate regulation. In this paper, we provide an empirical impact assessment of the economic and environmental effects of Portugal's FITs policy to promote RES-E generation. Impact assessment of policy instruments plays a crucial role on decision-making process. For numerical simulations, we make use of a hybrid top-down/bottom-up general equilibrium modeling approach, which represents a reliable tool to analyze the complex interactions between economic, energy, and environmental issues related to energy policies.

Keywords: Feed-in tariffs (FITs); RES-E promotion; Energy-climate policy analysis; Hybrid CGE modeling; Portugal (search for similar items in EconPapers)
JEL-codes: C63 C68 Q20 Q43 Q51 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:38:y:2013:i:c:p:176-185

DOI: 10.1016/j.eneco.2013.02.013

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