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Efficient renewables deployment requires the minimisation of both internal generation costs and external transmission expansion planning (TEP) costs. Competitive pay-as-bid connection auctions allow wind energy generators to reveal their costs of generation such that internal generation costs...
Persistent link: https://www.econbiz.de/10011416834
I show that British electricity tariffs create substantial welfare loss, equivalent to between six and eighteen percent of domestic consumption value. Losses are greater than unpriced distributional and environmental counter effects. Expected technological change will increase this welfare loss....
Persistent link: https://www.econbiz.de/10012907391
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-reflective structure. At the individual level, tariff reform leads...
Persistent link: https://www.econbiz.de/10013548736