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| DOI | 10.1016/j.enpol.2021.112340 |
| A panel data analysis of policy effectiveness for renewable energy expansion on Caribbean islands | |
| Kersey J.; Blechinger P.; Shirley R. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 155 |
| 英文摘要 | Accelerating the rate of renewable energy deployment in Small Island Developing States is critical to reduce dependence on expensive fossil fuel imports and meet emissions reductions goals. Though many islands have now introduced policy measures to encourage RE development, the existing literature focuses on qualitative recommendations and has not sought to quantitatively evaluate and compare the impacts of policy interventions in the Caribbean. After compiling the first systematic database of RE policies implemented in 31 Caribbean islands from 2000 to 2018, we conduct an econometric analysis of the effectiveness of the following five policy interventions in promoting the deployment of RE: investment incentives, tax incentives, feed-in tariffs, net-metering and net-billing programs, and regulatory restructuring to allow market entry by independent power producers. Using a fixed effects model to control for unit heterogeneities between islands, we find evidence that net-metering/net-billing programs are strongly and positively correlated with increases in installed capacity of renewable energy - particularly solar PV. These findings suggest that the RE transition in the Caribbean can be advanced through policies targeting the adoption of small-scale, distributed photovoltaics. © 2021 Elsevier Ltd |
| 关键词 | CaribbeanEconometricsFeed-in tariffPanel dataRenewable energy policySmall island developing states (SIDS) |
| 英文关键词 | Economics; Fossil fuels; Investments; Public policy; Solar power generation; Taxation; Caribbean; Energy expansion; Feed-in tariff; Net metering; Panel data; Panel data analysis; Policy intervention; Renewable energies; Renewable energy policy; Small island developing state; Statistics; alternative energy; econometrics; energy market; energy policy; investment incentive; island state; panel data; regulatory approach; tax incentive; Caribbean Islands |
| 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/205186 |
| 作者单位 | Renewable and Appropriate Energy Laboratory, Energy and Resources Group, University of California, Berkeley, Berkeley, CA, United States; Off-Grid Systems Research Unit, Reiner Lemoine Institut, Berlin, Germany; Strathmore Energy Research Center, Strathmore University, Nairobi, Kenya |
| 推荐引用方式 GB/T 7714 | Kersey J.,Blechinger P.,Shirley R.. A panel data analysis of policy effectiveness for renewable energy expansion on Caribbean islands[J],2021,155. |
| APA | Kersey J.,Blechinger P.,&Shirley R..(2021).A panel data analysis of policy effectiveness for renewable energy expansion on Caribbean islands.Energy Policy,155. |
| MLA | Kersey J.,et al."A panel data analysis of policy effectiveness for renewable energy expansion on Caribbean islands".Energy Policy 155(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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