EconStor >
Hamburgisches Welt-Wirtschafts-Archiv (HWWA) >
HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/19388
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorBode, Svenen_US
dc.contributor.authorGroscurth, Helmuth-Michaelen_US
dc.date.accessioned2009-01-28T15:57:44Z-
dc.date.available2009-01-28T15:57:44Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/19388-
dc.description.abstractMany technologies that produce electricity from renewable energy sources are currently not competitive. This is due to the fact that their generation cost is higher than that of conventional thermal power plants. Nevertheless, since using renewable energies has a number of positive effects, these installations have been supported by German public policy for many years. This support is currently demonstrated very successfully by the German Renewable Energy Act (EEG), which provides for fixed feed-in tariffs (FITs). The costs of this support scheme are distributed to the electricity consumers. Due to the so-called EEG levy, electricity costs of industry are increased and as a result their competitiveness is decreased. Consequently, electricity intensive enterprises have protested against the levy on a regular basis and finally achieved a reduction of the levy. However, the potential effect of the EEG on the wholesale price for ele ctricity has not yet been considered. Against this background, we analyze the effect of the EEG on electricity prices in a perfect market. We will show that the support of electricity production from renewable energy decreases the wholesale price of electricity. Consequently, electricity costs of companies that are subject to the reduced EEG levy may decrease too.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesHWWA Discussion Paper 358en_US
dc.subject.jelQ28en_US
dc.subject.jelL94en_US
dc.subject.jelH23en_US
dc.subject.jelQ41en_US
dc.subject.ddc330en_US
dc.subject.keywordRenewable Energy Acten_US
dc.subject.keywordEEG levyen_US
dc.titleThe Effect of the German Renewable Energy Act (EEG) on "the Electricity Price"en_US
dc.typeWorking Paperen_US
dc.identifier.ppn521352487en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:358-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

Files in This Item:
File Description SizeFormat
358.pdf355.07 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.