 The dynamic efficiency of feed-in tariffs: The impact of different design elementsPablo del Río Energy Policy, 2012, vol. 41, issue C, 139-151 Abstract: Dynamic efficiency has received much less attention than the effectiveness and static efficiency criteria to assess policies to support electricity from renewable energy sources (RES-E). On the other hand, the literature on RES-E support shows that the choice of design elements within RES-E support instruments is at least as important to successfully promote RES-E as the choice of specific instruments. The aim of this paper is to build a theoretical framework for dynamic efficiency analysis and assess the dynamic efficiency properties of the different design elements of feed-in tariffs. It is shown that, in fact, several design elements can have a significant impact on the different dimensions of dynamic efficiency. Particularly relevant design elements in this context are technology-specific fixed-tariffs, floor prices, degression, reductions of support over time for existing plants, long duration of support and support falling on consumers. In addition, it is shown than some design elements would be more appropriate than others to activate specific dimensions. Keywords: Feed-in tariffs; Dynamic efficiency; Design elements (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:41:y:2012:i:c:p:139-151 DOI: 10.1016/j.enpol.2011.08.029 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
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