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We estimate the welfare implications of a cost-reflective 'Coasian' reform of electricity network tariffs using an … Irish case study. We find that current Distribution Use of System (DUoS) tariffs deviate considerably from a cost … tariffs represent a costly distributional policy. We demonstrate that it is more efficient to counter the regressive effects …
Persistent link: https://www.econbiz.de/10013548736
I show that British electricity tariffs create substantial welfare loss, equivalent to between six and eighteen percent … adoptees at the expense of non-adoptees as tariffs are recalibrated to recover fixed costs. Reform on Coasian principles avoids …
Persistent link: https://www.econbiz.de/10012907391
Feed-in tariffs are extremely popular. Ubiquitous in Europe and across the globe, studies often suggest that feed …-in tariffs (“FITs”) tend to outperform renewable portfolio standards (“RPSs”). The accepted logic is that this is because FITs … at what price, while under an RPS, facilities have a guarantee on neither point. Feed-in tariffs, however, create a more …
Persistent link: https://www.econbiz.de/10014144859
Global warming and the acute domestic air pollution in China have necessitated transition to a sustainable energy system away from coal-dominated energy production. Through a systematic review of the national policy documents, this study investigates the policy mix adopted by the Chinese...
Persistent link: https://www.econbiz.de/10014032349
Sustainable finance is simply the alignment of the financial system with principles of sustainability. Investments in climate change mitigation and reduction in greenhouse gases emisiions constitute the largest number of sustainable finance investments. A good number of countries have set up...
Persistent link: https://www.econbiz.de/10014238637
global cost-effectiveness carbon tariffs can be imposed on the emissions embodied in imports from non-regulating regions. We … present a theoretical analysis on the economic incentives for emission abatement of producers subjected to carbon tariffs. We … global economy. We find that firm-targeted tariffs can deliver much stronger leakage reduction and higher efficiency gains …
Persistent link: https://www.econbiz.de/10010498566
With the ongoing rollout of smart meters in Ireland, time-of-use (ToU) tariffs are currently being introduced as a new … way to pay for electricity. Such tariffs can bring important benefits to both consumers and society, in terms of reduced … tariffs than others. Communication around ToU tariffs thus needs to explain both benefits and challenges successfully; it …
Persistent link: https://www.econbiz.de/10012584066
Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed before the random supply of renewables like wind or solar realizes. Steam power plants also make production decisions before such a random supply realizes. These capacities cannot...
Persistent link: https://www.econbiz.de/10011882245
Persistent link: https://www.econbiz.de/10014481299
Increasing awareness on environmental and socio-economic impact along with risks associated with conventional energy sources have led to a shift in the energy mix of different countries towards greener alternatives. Different renewable technologies are competing for scarce resources and for...
Persistent link: https://www.econbiz.de/10014265060