Economics at your fingertips  

The impact of feed-in and capacity policies on electricity generation from renewable energy sources in Spain

António Marques (), José Fuinhas () and Daniela Pereira Macedo

Utilities Policy, 2019, vol. 56, issue C, 159-168

Abstract: This research aims to analyse the impact of feed-in tariffs, feed-in premiums, and capacity payments on electricity generation by source. It also assesses their consequences for interactions between electricity sources, while considering the market price. Monthly data for Spain, from January of 2010 to February of 2017, and the Autoregressive Distributed Lag approach were used. The results reveal that both feed-in tariffs and feed-in premiums appear to contribute negatively to electricity production from wind. Capacity payments appear to encourage fuel and natural gas producers to bid low and increase electricity production from renewable resources.

Keywords: Electricity interactions; Capacity payments; Feed-in system; Market price; ARDL approach; Spain (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.jup.2019.01.001

Access Statistics for this article

Utilities Policy is currently edited by D. Smith

More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2021-01-10
Handle: RePEc:eee:juipol:v:56:y:2019:i:c:p:159-168