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When it comes to energy policy, EU countries go their own way with little regard for other member states. What strategies exist in the EU Commission to coordinate and integrate energy markets? Are these strategies consistent with national plans currently in action? Is it too late to establish a...
Persistent link: https://www.econbiz.de/10010471479
The literature on policy convergence has identified numerous aspects and possible causal drivers of convergence. We classify and condense these into a comprehensive framework, which is operationalized for support policies for renewable energy sources in the EU. Our analysis advances the...
Persistent link: https://www.econbiz.de/10011392141
In this paper, we employ a public choice perspective to analyze the development of policies for renewable energy sources (RES) in the EU in general and in Germany more specifically. In doing so, we explain the main characteristics of current RES policies in the EU by reference to the...
Persistent link: https://www.econbiz.de/10011284941
It is often argued that energy policy is too fragmented across EU Member States and should be "Europeanized" to pave the way towards an efficiently organized European power system, which rest on the internal market for energy and a pan-European super-grid. However, this view neglects i) the...
Persistent link: https://www.econbiz.de/10010367132
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
The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...
Persistent link: https://www.econbiz.de/10010426004
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To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...
Persistent link: https://www.econbiz.de/10011611130
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