The (Non) impact of the Spanish “Tax on the Sun” on photovoltaics prosumers uptake

Tomasi, Silvia

doi:10.1016/j.enpol.2022.113041

Cited by 10 publications

(2 citation statements)

References 32 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…There is no consensus in the literature as to a suitable number of pre-intervention periods, the only rule being that the longer the pre-intervention period, the more credible the model. While authors like Peri and Yasenov (2015), Adhikari and Alm (2016) and Tomasi (2022)…”

Section: Identification Strategymentioning

confidence: 99%

Perceptions Matter: Quasi-Experimental Evidence on the Effects of Spain's New Minimum Income on Households' Financial Wellbeing

Bilbao-Goyoaga¹

2023

Preprint

View full text Add to dashboard Cite

This paper examines how minimum income schemes (MISs) affect households’ financial wellbeing and whether this effect differs across objective material conditions and households’ perceptions. Two reasons motivate this study. First, while the Covid-19 pandemic, the ecological transition and the cost-of-living crisis have all prompted a renewed interest in MISs, no consensus exists on how effective these schemes are in improving households’ financial wellbeing. Second, when evaluating MISs, the literature focuses on objective measures of financial wellbeing, namely monetary poverty. Yet, peoples’ perceptions of their own situation can be instrumental in affecting their health, productivity and decision-making and can reveal important information about adaptation mechanisms or spillovers to non-recipients. This examines the case study of Spain, a country that introduced a new MIS in 2020. The paper uses Eurostat survey data for the 2010-2022 period in a Synthetic Control Method analysis. The results show that, while the policy had no significant effect on objective financial wellbeing measures (i.e. the poverty rate, the poverty gap and mean income) for its first year and a half of existence, it did considerably improve subjective financial wellbeing after two years and a half, as it helped households feel less pessimistic about the evolution of their finances during the Covid-19 and cost-of-living crises. The paper discusses several mechanisms explaining this differentiated impact of the policy, such as its lagged rollout, the improvements made to the benefit from 2022 as well as anticipation, placebo and positive spillover effects of the MIS. The findings highlight the importance for practitioners to consider subjective measures when assessing income support schemes.

show abstract

Section: Identification Strategymentioning

confidence: 99%

Perceptions Matter: Quasi-Experimental Evidence on the Effects of Spain's New Minimum Income on Households' Financial Wellbeing

Bilbao-Goyoaga¹

2023

Preprint

View full text Add to dashboard Cite

show abstract

“…Households may be interested in PV installations for reasons other than institutional investors who expect high rates of return or governments that seek to increase RES in the energy mix and reduce emissions from energy production. The research shows that essential characteristics of a household that favors the decision to install PV include income, education, owning a house and the planned time of using the house, and only then the profitability of the investment [70][71][72]. On the other hand, research from different countries shows that investments in PV installations in households result primarily from the possibility of financing such a system by the investor (which results from the amount of income).…”

Section: Factors Influencing the Interest Of Households In Investing ...mentioning

confidence: 99%

Factors Determining the Development of Prosumer Photovoltaic Installations in Poland

2022

View full text Add to dashboard Cite

The development of energy production from renewable sources includes the production of energy from photovoltaic installations by prosumers. In Europe, RES development is driven by political goals and requires subsidies during the deployment period, at least as long as the cost of renewable electricity does not reaches grid parity. The study attempts to determine the importance of factors in the development of energy production by prosumers from PV installations in Polish regions. In 2019, the ‘Moj Prad’ program was introduced, applying subsidies to investment costs and the settlement of energy production in the net-metering system. Almost 900 thousand prosumer PV installations were built by the end of 2021, with a total capacity of 5.9 GW. Solar energy share grew from 0.1 to 2.1%. Spatial econometrics models were use in research to determine factors of prosumer PV systems development in Poland (at NUTS-2). Spatial regimes were found in the studied regions, as indicated by a positive autocorrelation (0.75). Considering the pseudo-R-square co-efficient, we can conclude that the spatial error, i.e., factors not included in the GNS model, constitutes approximately 10%. The economic variables included in the Mansky model, i.e., level of salaries and GDP, explain 90% of the variability of installed PV capacity (Nagelkerke pseudo-R-squared value is 0.906). The level of development of prosumer photovoltaic installations (in W per capita) in regions depends primarily on economic factors represented by the level of salaries in a given region. With the increase in salaries by one unit, we also have an increase in installed power capacity in watts per person by 3.52. Surprisingly, the region’s overall wealth did not matter, as the relative number of installations in regions with lower GDP was higher than in others. One can explain that the individual income of households is more important for increasing the number of prosumer installations than the income of the regional economy. The increase in the number of installations in one region contributed to the subsequent increase in their number in neighboring regions.

show abstract

Individuals’ Willingness to Become a Prosumer of Green Energy: An Explorative Study and Research Agenda

Penco,

Bruzzi

2023

Palgrave Studies in Cross-Disciplinary Business Research, in Association With EuroMed Academy of Business

View full text Add to dashboard Cite

The (Non) impact of the Spanish “Tax on the Sun” on photovoltaics prosumers uptake

Cited by 10 publications

References 32 publications

Perceptions Matter: Quasi-Experimental Evidence on the Effects of Spain's New Minimum Income on Households' Financial Wellbeing

Perceptions Matter: Quasi-Experimental Evidence on the Effects of Spain's New Minimum Income on Households' Financial Wellbeing

Factors Determining the Development of Prosumer Photovoltaic Installations in Poland

Individuals’ Willingness to Become a Prosumer of Green Energy: An Explorative Study and Research Agenda

Contact Info

Product

Resources

About