Renewable energy and CO 2 abatement in Italy

Claudio Marcantonini () and Vanessa Valero ()
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Claudio Marcantonini: SINTEF - Applied research, technology and innovation
Vanessa Valero: UZH - Universität Zürich [Zürich] = University of Zurich

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Abstract: In order to combat global warming, Italy has committed to reduce its CO 2 emissions. To this end, it has significantly encouraged renewable energy development through a variety of support schemes, ranging from green certificates to feed-in and premium tariffs. As a result, the production of electricity from renewable energy sources, in particular from solar and wind energy, has risen considerably over the past years. In this paper we review the Italian support schemes for wind and solar energy and estimate the cost of abating CO 2 emissions by generating electricity from these two sources of energy for the period 2008-2011. The results show that the average costs for wind were around 165 €/tCO 2 . For solar, they were much higher, around 1000 €/tCO 2 , as solar energy received much higher remunerations than wind energy. These costs were much higher than in Germany. This was due to the differences between the level of incentives and the different power systems.

Keywords: Abatement; cost; Renewable; energy (search for similar items in EconPapers)
Date: 2017-07
Note: View the original document on HAL open archive server: https://hal.science/hal-04739464v1
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Published in Energy Policy, 2017, 106, pp.600 - 613. ⟨10.1016/j.enpol.2016.12.029⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04739464

DOI: 10.1016/j.enpol.2016.12.029

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