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DOI10.1016/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
ISSN03014215
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
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
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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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