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Integration of renewable energy sources in southeast Europe: A review of incentive mechanisms and feasibility of investments

Luka Punda, Tomislav Capuder, Hrvoje Pandžić and Marko Delimar

Renewable and Sustainable Energy Reviews, 2017, vol. 71, issue C, 77-88

Abstract: Incentivizing development and deployment of renewable energy sources (RES), but also other low carbon technologies (LCT), has been a successful way of promoting new technologies by creating a feasible investment case and making them competitive with traditional energy sources. Although different incentive mechanisms exist, feed-in tariffs have shown to be the best model for accelerating LCT development guaranteeing producers preferential prices for the produced electricity over a period of time and enabling them access to the power network to sell/inject produced electricity. Due to these benefits, feed-in tariff models are the most common model for stimulating RES integration in southeast Europe.

Keywords: Feed-in tariff; Renewable energy; Return on investment; Southeast Europe (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:eee:rensus:v:71:y:2017:i:c:p:77-88