How much do European households pay for green energy?

Rögnvaldur Hannesson

Energy Policy, 2019, vol. 131, issue C, 235-239

Abstract: The price of electricity for European end users typically fell until development of wind and solar energy began, but has increased since then. We estimate the savings in CO2 emissions due to solar and wind energy and calculate what end users pay per tonne CO2, assuming that price increases since the introduction of solar and wind power are due to these types of energy. These payments are in most cases well above even high and unlikely estimates of the cost of carbon and in some cases several times as high.

Keywords: Carbon dioxide; Renewable energy; Electricity prices; Social cost of carbon; European energy policy (search for similar items in EconPapers)
JEL-codes: Q41 Q42 Q48 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:131:y:2019:i:c:p:235-239

DOI: 10.1016/j.enpol.2019.05.010

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