On the Effectiveness of Feed-in Tariffs in the Development of Photovoltaic Solar

Elbert Dijkgraaf, Tom van Dorp and Emiel Maasland
Additional contact information
Tom van Dorp: Solarplaza International BV, the Netherlands

No 14-156/VI, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Growing concern for climate change and rising scarcity of fossil fuels prompted governments to stimulate the development of renewables. This paper empirically tests whether feed-in tariff (FIT) policies have been effective in the development of photovoltaic solar (PV), explicitly taking into account structure and consistency of FITs. Panel data estimations are employed for 30 OECD member countries over the period 1990-2011. We find a positive effect of the presence of a FIT and the development of a country’s share of PV in the electricity-mix. This effect increases if policies are consistent. Tariff height is the most important characteristic of a FIT, but other characteristics such as cost level, duration of contract and restrictions on capacity levels can also not be neglected if the goal is to increase effectiveness of FITs.

Keywords: Photovoltaic solar; Feed-in tariffs; Policy-consistency; Design characteristics (search for similar items in EconPapers)
JEL-codes: C23 G11 H23 N70 Q42 Q48 (search for similar items in EconPapers)
Date: 2014-12-22
New Economics Papers: this item is included in nep-ene and nep-reg
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://papers.tinbergen.nl/14156.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:tin:wpaper:20140156

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().