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Africa is still struggling to mitigate its electricity insecurity issues. This situation renders foreign direct … investment in the renewable electricity industry (FDIREI) and renewable electricity production (REP) to become simultaneously …
Persistent link: https://www.econbiz.de/10013464759
), 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 …
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This paper analyzes the impact of the EU ETS on CO₂ reduction in the German electricity sector. We find an ETS … is advantageous in the German electricity sector when compared to an absolute cap. An ex-post analysis shows that the …
Persistent link: https://www.econbiz.de/10011935996
abatement. Subsidies may cause a too high share of renewables in electricity generation. This results in additional expenses and …
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Designing auctions that favor low resource quality installations allows countries to geographically diversify their renewable energy production, while lowering payments to low-cost producers. In this paper, we develop a stylized model showing that a discriminatory auction design favoring...
Persistent link: https://www.econbiz.de/10013285813