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of on-shore wind in the Republic of Ireland the cost of the REFIT scheme is between 5 per cent and 10 per cent of the … capital grants, and that off-shore wind that is channelled to exports should not be supported by Irish consumers. -- Ireland …
Persistent link: https://www.econbiz.de/10008905417
Legacy electricity retail tariffs are ill-adapted to future electricity systems and markets, particularly with regard to accommodating the multi-faceted shift toward decarbonisation. We examine how retail tariffs need to be reformed to not only meet the future revenue requirements of...
Persistent link: https://www.econbiz.de/10011964329
In Germany, substantial drops in wholesale power prices have become a regular phenomenon. While such price drops have far-reaching implications for the functioning of the power market, their underlying determinants remain poorly understood. To fill this gap, we propose a Markov regime-switching...
Persistent link: https://www.econbiz.de/10011532229
Economic theory suggests that with a pollution externality and learning spillovers related to renewable energy technologies, the optimal climate policy mix includes an emissions policy and an output subsidy to the learning industry. Instead of output subsidies, feed-in tariffs are often...
Persistent link: https://www.econbiz.de/10010470292
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This paper examines the effect on Ireland's Single Electricity Market (SEM) of the UK's unilateral policy to implement …, with associated emissions in the Republic of Ireland increasing by 8% and SEM's electricity prices increasing by 2.4%. As … the trade opportunities associated with the UK carbon price floor means that emissions reductions in Ireland will be lower …
Persistent link: https://www.econbiz.de/10009752714