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high availability. Moreover, the subsidy scheme is substantially more complex than a first-best Pigouvian tax. The optimal … renewable subsidy is always positive but tends to decrease as electricity production becomes less reliant on fossils. The … optimal storage subsidy even changes its sign. It is usually negative as long as fossils contribute to filling the storage …
Persistent link: https://www.econbiz.de/10012268082
high availability. Moreover, the subsidy scheme is substantially more complex than a first-best Pigouvian tax. The optimal … renewable subsidy is always positive but tends to decrease as electricity production becomes less reliant on fossils. The … optimal storage subsidy even changes its sign. It is usually negative as long as fossils contribute to filling the storage …
Persistent link: https://www.econbiz.de/10011911934
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
Persistent link: https://www.econbiz.de/10012485343
and storage capacities when carbon pricing is imperfect. The subsidy rate for renewables decreases as electricity … production becomes less reliant on fossils. The storage subsidy is usually negative as long as fossils contribute to filling the …-trip efficiency losses during a storage cycle. A numerical simulation illustrates that substantial subsidy payments are required even …
Persistent link: https://www.econbiz.de/10012232987
setting of imperfect competition is more appropriate. We show that the second best output subsidy for learning by doing in … insignificantly impacted by market power. By contrast, the welfare gains from an optimal subsidy are considerably higher compared to a …
Persistent link: https://www.econbiz.de/10009427861
advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order …
Persistent link: https://www.econbiz.de/10011540791
advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order …
Persistent link: https://www.econbiz.de/10012979600
This paper investigates how CSR firms influence a Cournot oligopoly with pollution. We define as CSR a firm that takes …
Persistent link: https://www.econbiz.de/10011737816
This paper analyses an electricity market in which a monopolist that employs fossil-fuel base-load and peak-load technologies competes against a fringe of renewable energy (RE) generators. The optimal technology and electricity mix can be decentralised by levying technology-dependent capacity...
Persistent link: https://www.econbiz.de/10014306822
Persistent link: https://www.econbiz.de/10014491921