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Support mechanisms for renewable energies: their respective strengths and weaknesses. A comparison with the common agricultural policy

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  • Jacques Percebois

Abstract

A debate is now underway in Europe to decide whether or not the present system for promoting the penetration of renewable energy sources, in particular wind and solar (photovoltaic) energy, should be maintained in the energy balance. This system, based on feed-in tariffs, is increasingly contested because of the undesirable effects which have been observed. Other incentive schemes are possible and the aim of this article is to draw up a balance sheet of the advantages and disadvantages of the main mechanisms likely to assist the penetration of these renewable energy sources.

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  • Jacques Percebois, 2015. "Support mechanisms for renewable energies: their respective strengths and weaknesses. A comparison with the common agricultural policy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2015(1), pages 43-58.
    • Handle: RePEc:fan:efeefe:v:html10.3280/efe2015-001004
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    References listed on IDEAS

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    1. Jacques Percebois, 2015. "Wind power feed-in impact on electricity prices in Germany 2009-2013," Post-Print hal-03072907, HAL.
    2. V. V. Chari & Robert J. Weber, 1992. "How the U.S. Treasury should auction its debt," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 16(Fall), pages 3-12.
    3. Jónsson, Tryggvi & Pinson, Pierre & Madsen, Henrik, 2010. "On the market impact of wind energy forecasts," Energy Economics, Elsevier, vol. 32(2), pages 313-320, March.
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    More about this item

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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