Marschinski, Robert; Quirion, Philippe - 2014
), Feed-In-Tariff (FIT), and Feed-In-Premium (FIP). We develop a stylized model of the electricity market, where renewables … fossil-based electricity supply, renewables supply, or on total electricity demand, we analytically derive the conditions … dominated by the other two instruments. These results are confirmed in a numerical application to the US electricity market, in …