Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19388 
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dc.contributor.authorBode, Svenen
dc.contributor.authorGroscurth, Helmuth-Michaelen
dc.date.accessioned2009-01-28T15:57:44Z-
dc.date.available2009-01-28T15:57:44Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/19388-
dc.description.abstractMany technologies that produce electricity from renewable energy sources are currently not competitive. This is due to the fact that their generation cost is higher than that of conventional thermal power plants. Nevertheless, since using renewable energies has a number of positive effects, these installations have been supported by German public policy for many years. This support is currently demonstrated very successfully by the German Renewable Energy Act (EEG), which provides for fixed feed-in tariffs (FITs). The costs of this support scheme are distributed to the electricity consumers. Due to the so-called EEG levy, electricity costs of industry are increased and as a result their competitiveness is decreased. Consequently, electricity intensive enterprises have protested against the levy on a regular basis and finally achieved a reduction of the levy. However, the potential effect of the EEG on the wholesale price for ele ctricity has not yet been considered. Against this background, we analyze the effect of the EEG on electricity prices in a perfect market. We will show that the support of electricity production from renewable energy decreases the wholesale price of electricity. Consequently, electricity costs of companies that are subject to the reduced EEG levy may decrease too.en
dc.language.isoengen
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen
dc.relation.ispartofseries|aHWWA Discussion Paper |x358en
dc.subject.jelQ28en
dc.subject.jelL94en
dc.subject.jelH23en
dc.subject.jelQ41en
dc.subject.ddc330en
dc.subject.keywordRenewable Energy Acten
dc.subject.keywordEEG levyen
dc.titleThe Effect of the German Renewable Energy Act (EEG) on "the Electricity Price"-
dc.typeWorking Paperen
dc.identifier.ppn521352487en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwadp:358en

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