Prices versus quantities: choosing policies for promoting the development of renewable energy

Menanteau, Philippe; Finon, Dominique; Lamy, Marie-Laure

doi:10.1016/s0301-4215(02)00133-7

Cited by 680 publications

(380 citation statements)

References 17 publications

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“…In that regard, many detailed studies have been conducted to assess the performance of either the policy support in one country or of a specific policy instrument in several countries (see for example Ragwitz et al, 2007;Jacobsson et al, 2009;Held et al, 2010;Ragwitz et al, 2011;Menanteau, et al, 2003, Morthorst, 2003. Many of these studies have presented policy recommendations and best practices for policy makers, which may have contributed to a pan-European understanding of which policy types to implement for the support of RES-E.…”

Section: Discussion Of Observed Developmentsmentioning

confidence: 99%

Renewable energy policies in Europe: Converging or diverging?

2012

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Nations today are urgently challenged with achieving a significant increase in the deployment of renewable energies. In Europe that need has given rise to a debate about the most effective and efficient support strategy. Whilst the different interests debate whether full European harmonisation or strengthening of national support policies for electricity from renewable energy sources (RES-E) is the best way forward, individual national support schemes are rapidly evolving. This study investigates how the EU member states have applied support policy types over the last decade. By identifying predominant developments in the application of feed-in tariffs, premiums, tradeable green certificates, tax incentives, investment grants, and financing support for specific technologies (wind, biomass, PV), this study shows that Europe is currently experiencing certain tendencies towards a 'bottom-up' convergence of how national policy-makers design RES-E policy supports. While some outliers remain, the policy supports of most countries become more similar in the policy types applied (dominance of feed-in tariffs) and in their scope of implementation (differentiation for installation sizes and 'stacking' of multiple instruments). These trends in national decision-making, which show tendencies of convergence, could make an EU-driven 'top-down' harmonisation of support either dispensable or at least (depending on the agreement) less controversial.

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Section: Discussion Of Observed Developmentsmentioning

confidence: 99%

Renewable energy policies in Europe: Converging or diverging?

2012

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“…Concerning the design of economically efficient feed-in-tariff see Lesser and Su (2008). Menanteau et al (2003) examine the (static and dynamic) efficiency of different incentive schemes for promoting the development of renewable energy. 3 For previous literature reviews see IPCC (1995: 419-421), OECD (1995), and Speck (1999) different domestic emission trading systems using Canadian data.…”

Section: Introductionmentioning

confidence: 99%

On the redistributive effects of Germany’s feed-in tariff

Grösche

Schröder

2013

Empir Econ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract. The present article assesses the redistributive effects of a key element of German climate change policy, the promotion of renewables in the electricity mix through the provision of a feed-in tariff. The tariff shapes the distribution of households' disposable incomes by charging a levy that is proportional to household electricity consumption, and by financial transfers channeled to households feeding green electricity into the grid. Our study builds on representative household survey data, providing information on various socio demographics, household electricity consumption and ownership of solar facilities. The redistributive effects of the feed-in tariff are evaluated by means of various inequality indices. All the inequality measures indicate that Germany's feed-in tariff is mildly regressive. Terms of use: Documents in EconStor may

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“…Good results have been achieved with welldesigned feed-in tariffs for mature technologies. Menanteau et al (2003) [17] provide a general comparison of price-and quantity-based support schemes and comes to the result that price-The Policy Context for Fuel Cell Based Micro-Combined Heat and Power 21 based schemes are preferable. Hawkes and Leach (2008) [18] model the operation of different mCHP technologies -in itself a rather technical issue -and derive recommendations on the combination of energy efficiency standards and support for mCHP technologies.…”

Section: Support Schemes and Mchp -A Brief Literature Reviewmentioning

confidence: 99%