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Costs and benefits of the renewable production of electricity in Spain

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  • Burgos-Payán, Manuel
  • Roldán-Fernández, Juan Manuel
  • Trigo-García, Ángel Luis
  • Bermúdez-Ríos, Juan Manuel
  • Riquelme-Santos, Jesús Manuel

Abstract

The reduction of pollutant emissions and greenhouse gases, as well as the strong energy dependence on fossil fuels (gas and fuel oil), have, among other reasons, led many countries in recent years to develop policies to promote and encourage the use of alternative, sustainable, clean and predictable sources of energy. This paper presents an overview of the production of electricity from renewable sources (PE-RES) in Spain, and offers an outline of the current level of development of renewable energy. It also reviews the current support system, the costs of integrating renewable energy into the electric system as well as the effects of this type of energy on the electricity wholesale market price, the Gross Domestic Product (GDP), the environment, human health and employment.

Suggested Citation

  • Burgos-Payán, Manuel & Roldán-Fernández, Juan Manuel & Trigo-García, Ángel Luis & Bermúdez-Ríos, Juan Manuel & Riquelme-Santos, Jesús Manuel, 2013. "Costs and benefits of the renewable production of electricity in Spain," Energy Policy, Elsevier, vol. 56(C), pages 259-270.
    • Handle: RePEc:eee:enepol:v:56:y:2013:i:c:p:259-270
    DOI: 10.1016/j.enpol.2012.12.047
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    18. Mir-Artigues, Pere & Cerdá, Emilio & del Río, Pablo, 2018. "Analysing the economic impact of the new renewable electricity support scheme on solar PV plants in Spain," Energy Policy, Elsevier, vol. 114(C), pages 323-331.
    19. Ballester, Cristina & Furió, Dolores, 2015. "Effects of renewables on the stylized facts of electricity prices," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1596-1609.
    20. Jos? Miguel Asensio & Alessandro Fiorini & Juan Pablo Jimenez Navarro, 2018. "Chinese foreign direct investments in the EU energy sector," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(2), pages 207-229.
    21. Sánchez-Lozano, J.M. & García-Cascales, M.S. & Lamata, M.T., 2014. "Identification and selection of potential sites for onshore wind farms development in Region of Murcia, Spain," Energy, Elsevier, vol. 73(C), pages 311-324.
    22. Kost, Christoph & Flath, Christoph M. & Möst, Dominik, 2013. "Concentrating solar power plant investment and operation decisions under different price and support mechanisms," Energy Policy, Elsevier, vol. 61(C), pages 238-248.
    23. Linda Barelli & Gianni Bidini & Fabio Bonucci & Luca Castellini & Simone Castellini & Andrea Ottaviano & Dario Pelosi & Alberto Zuccari, 2018. "Dynamic Analysis of a Hybrid Energy Storage System (H-ESS) Coupled to a Photovoltaic (PV) Plant," Energies, MDPI, vol. 11(2), pages 1-23, February.
    24. Gullì, Francesco & Balbo, Antonio Lo, 2015. "The impact of intermittently renewable energy on Italian wholesale electricity prices: Additional benefits or additional costs?," Energy Policy, Elsevier, vol. 83(C), pages 123-137.
    25. Colmenar-Santos, Antonio & Campíñez-Romero, Severo & Pérez-Molina, Clara & Mur-Pérez, Francisco, 2015. "Repowering: An actual possibility for wind energy in Spain in a new scenario without feed-in-tariffs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 319-337.

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