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Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
Oldenburg Discussion Papers in Economics No. V-390-16
Verlag: 
University of Oldenburg, Department of Economics, Oldenburg
Zusammenfassung: 
Over the last decade Germany has boosted renewable energy in power production by means of massive subsidies. The flip side are very high electricity prices which raises concerns that the transition cost towards a renewable energy system will be mainly borne by poor households. In this paper, we combine computable general equilibrium and microsimulation analysis to investigate the cost-effectiveness and incidence of Germany's renewable energy promotion. We find that the regressive effects of renewable energy promotion could be attenuated by alternative subsidy financing mechanisms which achieve the same level of electricity generation from renewable energy sources.
Schlagwörter: 
Renewable energy policy
feed-in tariffs
CGE
microsimulation
JEL: 
Q42
H23
C63
Dokumentart: 
Working Paper

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