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DOI | 10.1016/j.enpol.2020.111483 |
An empirical analysis of the fiscal incidence of renewable energy support in the European Union | |
Haar L. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 143 |
英文摘要 | In liberalised energy markets, electricity from Renewable Energy (RE) using Solar PV and Wind Turbines requires financial support because the expected number of generation hours is insufficient to induce private investment. Such support has a direct cost from the additional expenditure over what would have been incurred had fossil fuel generation been used and indirect costs arising from the random and distributed nature of the RE output. Comparing European Union countries between 2007 and 2017, we find the pricing structure of retail electricity is regressive and correlated to reliance upon RE. Although initially, the direct and indirect costs of RE affects integrated utilities and aggregators, the ultimate burden largely falls upon lower income cohorts. Given policy objectives for RE, these finding are worrisome. Though as a society we may benefit from reducing dependence upon fossil fuels, the burden of this transition falls upon those with the lowest income, raising questions over fairness. Explaining the reasons for fiscal regressiveness leads to suggestions on how it may be redressed. © 2020 Elsevier Ltd |
关键词 | European UnionFiscal incidenceRenewable energy |
英文关键词 | Economics; Fossil fuels; Investments; Direct and indirect costs; Empirical analysis; European Union countries; Financial support; Integrated utilities; Pricing structures; Private investment; Renewable energies; Costs; alternative energy; electricity generation; empirical analysis; energy market; European Union; fiscal policy; photovoltaic system; policy approach; solar power; wind turbine; Europe |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204687 |
作者单位 | Brighton Business School, The University of Brighton, Brighton, BN2 4AT, United Kingdom |
推荐引用方式 GB/T 7714 | Haar L.. An empirical analysis of the fiscal incidence of renewable energy support in the European Union[J],2020,143. |
APA | Haar L..(2020).An empirical analysis of the fiscal incidence of renewable energy support in the European Union.Energy Policy,143. |
MLA | Haar L.."An empirical analysis of the fiscal incidence of renewable energy support in the European Union".Energy Policy 143(2020). |
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