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Persistent link: https://www.econbiz.de/10002208273
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correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem …
Persistent link: https://www.econbiz.de/10010352376
-contingent renewable subsidies outperforms both unconditional commitment and discretion. The choice between the practically more feasible …
Persistent link: https://www.econbiz.de/10011615910
model of a future wholesale electricity market. We find that the optimal RE subsidies are technology-specific reflecting the … heterogeneous value for system integration. Differentiated RE subsidies reduce the curtailment of excess production, thereby …
Persistent link: https://www.econbiz.de/10011985392
We study optimal subsidies for renewable energy (RE) generation to internalize external benefits from intertemporal …
Persistent link: https://www.econbiz.de/10012099203
, and later a reduction. Optimal taxes and subsidies are derived both for the first-best case and for the case of a …
Persistent link: https://www.econbiz.de/10011872028
Industrial policy has long been criticized as subject to protectionist interests; accordingly, subsidies to domestic … offering production (upstream) and deployment (downstream) subsidies in producer countries, allowing that some of the … downstream market may lie in nonregulating third-party countries. Restraints on upstream subsidies erode global welfare when …
Persistent link: https://www.econbiz.de/10011492399
To decarbonize the power sector, policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, risk of opportunistic policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...
Persistent link: https://www.econbiz.de/10014503446
correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem …
Persistent link: https://www.econbiz.de/10010398419