Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/149748 
Year of Publication: 
2017
Series/Report no.: 
ZEW Discussion Papers No. 17-004
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
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 ameliorated by alternative subsidy financing mechanisms which achieve the same level of electricity generation from renewable energy sources.
Subjects: 
renewable energy policy
feed-in tariffs
CGE
microsimulation
JEL: 
Q42
H23
C63
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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