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Westfälische Wilhelms-Universität Münster (WWU) >
Centrum für angewandte Wirtschaftsforschung Münster (CAWM), Universität Münster >
CAWM Discussion Papers, Universität Münster >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/62131
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Andor, Mark | | en_US |
| dc.contributor.author | | Flinkerbusch, Kai | | en_US |
| dc.contributor.author | | Voß, Achim | | en_US |
| dc.date.accessioned | | 2012-09-05 | | en_US |
| dc.date.accessioned | | 2012-09-06T12:42:52Z | | - |
| dc.date.available | | 2012-09-06T12:42:52Z | | - |
| dc.date.issued | | 2012 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/62131 | | - |
| dc.description.abstract | | In this article we show how different promotion schemes for renewables affect economic welfare. Our starting point is that external benefits of renewable electricity supply besides the abatement of greenhouse gases are not related to actual electricity generation but to producing and installing capacity. We argue that generation based subsidies such as feed-in tariffs and bonus payments can only be a second-best solution. Our model framework allows us to explain how these second-best instruments cause welfare losses in an environment of volatile demand. We postulate that capacity payments for renewables should be implemented in order to avoid unnecessary social costs. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CAWM Münster | | en_US |
| dc.relation.ispartofseries | | CAWM Discussion Paper, Centrum für Angewandte Wirtschaftsforschung Münster 59 | | en_US |
| dc.subject.jel | | Q41 | | en_US |
| dc.subject.jel | | Q48 | | en_US |
| dc.subject.jel | | H23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Renewable Energy Sources | | en_US |
| dc.subject.keyword | | Energy Policy | | en_US |
| dc.subject.keyword | | Promotion Instruments | | en_US |
| dc.title | | Quantities vs. capacities: Minimizing the social cost of renewable energy promotion | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 723878978 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:cawmdp:59 | | - |
| Appears in Collections: | | CAWM Discussion Papers, Universität Münster
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