 Economic analysis of different supporting policies for the production of electrical energy by solar photovoltaics in eastern European Union countriesLuigi Dusonchet and Enrico Telaretti Energy Policy, 2010, vol. 38, issue 8, 4011-4020 Abstract: Today, photovoltaic (PV) attracts considerable interest in relation to renewable energy technologies, because of its potential to contribute significantly to the future of renewable energy. However, PV market development is related strongly to the support policies introduced by national governments, defined in national laws. The modification or fading out of such incentive schemes can strongly influence the development of the PV market in any given country. In this paper, after a brief review of national support policies in PV technology in eastern European Union (EU) countries, the authors perform an economic analysis of the main support mechanisms that are implemented in these countries. The comparative analysis is based on the calculation of the cash flow, the Net Present Value (NPV) and the Internal Rate of Return (IRR) indices. The analysis shows that in some situations, support policies can be inconvenient for the owner of the PV system and that, in many cases, the differences between the implementation of the same support policy in different countries, can give rise to significantly different results. Keywords: PV; systems; Supporting; policies; Economic; Analysis (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:38:y:2010:i:8:p:4011-4020 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.