Cost-efficiency benchmarking of European renewable electricity support schemes

András Mezősi, László Szabó and Sándor Szabó

Renewable and Sustainable Energy Reviews, 2018, vol. 98, issue C, 217-226

Abstract: This paper assesses the cost efficiency of renewable electricity (RES-E) support schemes in Europe for the 2000–2015 period based on data collected by CEER from national regulators. A cost efficiency indicator (CEI) and Data Envelopment Analysis (DEA) were applied to measure the economic efficiencies of RES-E support schemes in Europe for the two most deployed renewable technology: photovoltaics and wind. The proposed CEI provides a relative and comparable measure of economic efficiency of support, measuring the cleaned (net of whole sale price) unit support value of RES-E production over consumption. The DEA assessment includes more input variables measuring economic performance of EU member states in RES-E support, where the levelised cost of electricity (LCOE) served as input alongside the CEI.

Keywords: Renewable energy; Support schemes; Economic analysis; Data envelopment analysis (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:98:y:2018:i:c:p:217-226

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DOI: 10.1016/j.rser.2018.09.001

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