Revisiting support policies for RES-E adulthood: Towards market compatible schemes

Samuel C. Huntington, Pablo Rodilla, Ignacio Herrero and Carlos Batlle

Energy Policy, 2017, vol. 104, issue C, 474-483

Abstract: The past two decades of growth in renewable energy sources of electricity (RES-E) have been largely driven by out-of-market support policies. These schemes were designed to drive deployment on the basis of specific subsidies sustained in time to allow for the larger costs as well as to limit investor risk. While these policies have proven to be effective, the way they have been designed to date has led to costly market distortions that are becoming more difficult to ignore as penetrations reach unpreceded levels.

Keywords: RES-E support schemes; Electricity market design; Market integration; Negative prices (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (24)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:104:y:2017:i:c:p:474-483

DOI: 10.1016/j.enpol.2017.01.006

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