industrialized countries to back public financing of renewable energies. Germany’s experience with renewable energy promotion is … harness the market incentives needed to ensure a viable and cost-effective introduction of renewable energies into the country …’s energy portfolio. To the contrary, the government’s support mechanisms have in many respects subverted these incentives …

price spikes has substantially increased in Germany. To reduce such events, in 2012, a market premium scheme (MPS) was … Regression Trees, this paper empirically evaluates the efficacy of Germany’s MPS. Via counterfactual analyses, we demonstrate …