Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/81395 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
IFN Working Paper No. 921
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
Green certificates are the main instrument for promoting renewable electricity (RES-E) in Sweden. But certificates cover only a limited share of total RES-E production. Under partial coverage, crowding out may arise whereby costly new RES-E replaces inexpensive old RES-E. Granting certificates to all of RES-E production improves efficiency, but leaves windfall rent to otherwise profitable facilities. We also analyze transaction costs in the permit process for new RES-E in Sweden. Municipalities veto socially desirable projects because of asymmetrically distributed investment costs and benefits. We propose market-based permit fees rather than limited veto rights as a solution to this NIMBY problem.
Schlagwörter: 
Crowding out
Green certificates
NIMBY
Transaction costs
Windfall rent
JEL: 
D23
Q48
Q52
Q54
Dokumentart: 
Working Paper

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