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Alongside environmental benefits, renewable energy deployment is often evaluated on grounds of regional development. Focusing on wave energy deployment in Ireland, this paper quantifies employment-related welfare change net of associated subsidy costs. Although the added employment reduces...
Persistent link: https://www.econbiz.de/10012428670
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
Persistent link: https://www.econbiz.de/10010347913
Renewable energy deployment costs comprise both internal generation costs and external locationrelated infrastructure, environmental and social costs. To minimise generation costs, competitive connection contract auctions are becoming increasingly common. Should external costs have considerable...
Persistent link: https://www.econbiz.de/10011383905
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
Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions, because there is substantial inertia in the climate system. However, this conclusion rests upon misunderstanding the relevant climate physics: there is no substantial lag between CO2 emissions and warming,...
Persistent link: https://www.econbiz.de/10012892116
Energy subsidies are common. Costs are commonly recovered via an often arbitrarily set uniform consumer levy or electricity price surcharge. We show that an electricity price surcharge is optimal for an Irish case study, despite obvious price distortions. The outcome holds across both first and...
Persistent link: https://www.econbiz.de/10013277007
Energy subsidies are common. This letter establishes that the method of cost recovery has important implications for household welfare. We use an analytical model to elicit the conditions under which household welfare losses are minimised by each of three common cost recovery methods. We...
Persistent link: https://www.econbiz.de/10013289667
This report - funded by the Community Foundation for Ireland - explores the issue of energy poverty and deprivation in Ireland, once again to the forefront of the policy debate given recent increases in energy prices.
Persistent link: https://www.econbiz.de/10013257661
Effective planning and regulatory processes ensure orderly energy systems. Often, decisions are not made within mandated time frames or discrete consent processes are infrequent. Where multiple consent processes exist in sequence, a given delay may be compounded. These factors can negatively...
Persistent link: https://www.econbiz.de/10013174914