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Scenarios for the evolution of the Spanish electricity sector: Is it on the right path towards sustainability?

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  • Linares, P.
  • Santos, F.J.
  • Pérez-Arriaga, I.J.

Abstract

The Spanish energy and electricity models are clearly unsustainable: the large increase in electricity demand, a huge dependency on energy imports, and significant environmental impacts are clear reasons for concern. In this paper we take a look at the possible evolution of the Spanish electricity sector under different policy scenarios, and try to identify which are the policies that may help to achieve the desired goal, as well as the role that the different technologies may play. Results are quite optimistic in that, under the appropriate policy measures, carbon emissions of the electricity sector may be reduced in 2020 up to 37% compared to 1990, and energy imports may be also much reduced, at reasonable costs. However, this may only be achieved by strongly pursuing energy efficiency improvements and other energy conservation measures, which should then become a must for all energy plans in Spain, together with renewable energy promotion and stronger carbon reduction policies.

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Bibliographic Info

Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 36 (2008)
Issue (Month): 11 (November)
Pages: 4057-4068

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Handle: RePEc:eee:enepol:v:36:y:2008:i:11:p:4057-4068

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Web page: http://www.elsevier.com/locate/enpol

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Keywords: Electricity generation Sustainability Spain;

References

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  1. Ventosa, Mariano & Baillo, Alvaro & Ramos, Andres & Rivier, Michel, 2005. "Electricity market modeling trends," Energy Policy, Elsevier, vol. 33(7), pages 897-913, May.
  2. Pedro Linares & Francisco Javier Santos & Mariano Ventosa & Luis Lapiedra, 2006. "Impacts of the European Emissions Trading Scheme Directive and Permit Assignment Methods on the Spanish Electricity Sector," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 79-98.
  3. Hernandez, Felix & Gual, Miguel Angel & Rio, Pablo Del & Caparros, Alejandro, 2004. "Energy sustainability and global warming in Spain," Energy Policy, Elsevier, vol. 32(3), pages 383-394, February.
  4. Crampes , C. & Fabra , N., 2005. "The Spanish Electricity Industry: Plus ça change …," Cambridge Working Papers in Economics 0502, Faculty of Economics, University of Cambridge.
  5. Crampes, Claude & Fabra, Natalia, 2004. "The Spanish Electricity Industry: Plus ça change..," IDEI Working Papers 317, Institut d'Économie Industrielle (IDEI), Toulouse.
  6. Barker, Terry & Ekins, Paul & Foxon, Tim, 2007. "The macro-economic rebound effect and the UK economy," Energy Policy, Elsevier, vol. 35(10), pages 4935-4946, October.
  7. A. Greening, Lorna & Greene, David L. & Difiglio, Carmen, 2000. "Energy efficiency and consumption -- the rebound effect -- a survey," Energy Policy, Elsevier, vol. 28(6-7), pages 389-401, June.
  8. Menanteau, Philippe & Finon, Dominique & Lamy, Marie-Laure, 2003. "Prices versus quantities: choosing policies for promoting the development of renewable energy," Energy Policy, Elsevier, vol. 31(8), pages 799-812, June.
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Citations

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Cited by:
  1. Xavier Labandeira, Pedro Linares and Miguel Rodriguez, 2009. "An Integrated Approach to Simulate the impacts of Carbon Emissions Trading Schemes," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
  2. Linares, Pedro & Conchado, Adela, 2013. "The economics of new nuclear power plants in liberalized electricity markets," Energy Economics, Elsevier, vol. 40(S1), pages S119-S125.
  3. Liliana Gelabert & Xavier Labandeira & Pedro Linares, 2011. "Renewable Energy and Electricity Prices in Spain," Working Papers 01-2011, Economics for Energy.
  4. García-Ascanio, Carolina & Maté, Carlos, 2010. "Electric power demand forecasting using interval time series: A comparison between VAR and iMLP," Energy Policy, Elsevier, vol. 38(2), pages 715-725, February.

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