Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/50072 
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dc.contributor.authorDevitt, Conoren
dc.contributor.authorMalaguzzi Valeri, Lauraen
dc.date.accessioned2011-03-23-
dc.date.accessioned2011-09-30T09:57:45Z-
dc.date.available2011-09-30T09:57:45Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/50072-
dc.description.abstractThis paper evaluates the likely effect of REFIT, the Irish scheme to support renewable electricity generation, on the wholesale price of electricity. The cost of REFIT is passed on to Irish consumers. Here we calculate that when there are 4071MW of on-shore wind in the Republic of Ireland the cost of the REFIT scheme is between 5 per cent and 10 per cent of the gross wholesale price of electricity. Off-shore wind has higher levels of support than on-shore wind, as do technologies that are still in development such as wave and tidal. When off-shore wind, wave and tidal are added to the system, the cost of REFIT increases significantly. We argue that wave and tidal should be sustained with a different scheme that provides capital grants, and that off-shore wind that is channelled to exports should not be supported by Irish consumers.en
dc.language.isoengen
dc.publisher|aThe Economic and Social Research Institute (ESRI) |cDublinen
dc.relation.ispartofseries|aESRI Working Paper |x374en
dc.subject.jelL94en
dc.subject.jelQ40en
dc.subject.jelQ42en
dc.subject.ddc330en
dc.subject.keywordIrelanden
dc.subject.keywordrenewable electricityen
dc.subject.keywordfeed-in tariffen
dc.titleThe effect of REFIT on Irish electricity prices-
dc.typeWorking Paperen
dc.identifier.ppn654681430en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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