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dc.contributor.authorDevitt, Conoren_US
dc.contributor.authorMalaguzzi Valeri, Lauraen_US
dc.date.accessioned2011-03-23en_US
dc.date.accessioned2011-09-30T09:57:45Z-
dc.date.available2011-09-30T09:57:45Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/50072-
dc.description.abstractThis paper evaluates the likely effect of REFIT, the Irish scheme to support renewable electricity generation, on the wholesale price of electricity. The cost of REFIT is passed on to Irish consumers. Here we calculate that when there are 4071MW of on-shore wind in the Republic of Ireland the cost of the REFIT scheme is between 5 per cent and 10 per cent of the gross wholesale price of electricity. Off-shore wind has higher levels of support than on-shore wind, as do technologies that are still in development such as wave and tidal. When off-shore wind, wave and tidal are added to the system, the cost of REFIT increases significantly. We argue that wave and tidal should be sustained with a different scheme that provides capital grants, and that off-shore wind that is channelled to exports should not be supported by Irish consumers.en_US
dc.language.isoengen_US
dc.publisherESRI Dublinen_US
dc.relation.ispartofseriesESRI working paper 374en_US
dc.subject.jelL94en_US
dc.subject.jelQ40en_US
dc.subject.jelQ42en_US
dc.subject.ddc330en_US
dc.subject.keywordIrelanden_US
dc.subject.keywordrenewable electricityen_US
dc.subject.keywordfeed-in tariffen_US
dc.titleThe effect of REFIT on Irish electricity pricesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn654681430en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ESRI Working Papers, The Economic and Social Research Institute (ESRI)

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