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Support For Renewable Energy In Germany As An Example Of Effective Public Policy

Author

Listed:
  • Bernadeta Baran

    (Wroclaw University of Economics)

Abstract

This article aims to analyze the process of energy transformation in Germany and renewable energy state support as an example of a strategic and effective policy. Energy transition in Germany, which leads to replacement of conventional energy with renewable sources and increase of energy efficiency is a long-term project requiring a strong state intervention. This project is supported with European Union green energy policy giving favorable legal and institutional framework for green technologies development. The process of energy transformation in Germany started more than two decades ago and nowadays this economy benefits from growing number of new jobs and export of high-tech products. The article analyzes the concept of "green growth" in the EU, which is both determinant and the effect of energy transformation in Germany. It discusses support mechanisms and instruments for German green energy sector, transformation goals in that area, financing sources and the most important economic effects.

Suggested Citation

  • Bernadeta Baran, 2015. "Support For Renewable Energy In Germany As An Example Of Effective Public Policy," Oeconomia Copernicana, Institute of Economic Research, vol. 6(2), pages 143-158, June.
  • Handle: RePEc:pes:ieroec:v:6:y:2015:i:2:p:143-158
    DOI: 10.12775/OeC.2015.017
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    Citations

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    Cited by:

    1. Claudiu Cicea & Carmen Nadia Ciocoiu & Corina Marinescu, 2021. "Exploring the Research Regarding Energy–Economic Growth Relationship," Energies, MDPI, vol. 14(9), pages 1-23, May.
    2. Anna Manuella Melo Nunes & Luiz Moreira Coelho Junior & Raphael Abrahão & Edvaldo Pereira Santos Júnior & Flávio José Simioni & Paulo Rotella Junior & Luiz Célio Souza Rocha, 2023. "Public Policies for Renewable Energy: A Review of the Perspectives for a Circular Economy," Energies, MDPI, vol. 16(1), pages 1-28, January.
    3. Iwona Bąk & Katarzyna Cheba, 2022. "Green Transformation: Applying Statistical Data Analysis to a Systematic Literature Review," Energies, MDPI, vol. 16(1), pages 1-22, December.
    4. Serhiy Lyeonov & Tetyana Pimonenko & Yuriy Bilan & Dalia Štreimikienė & Grzegorz Mentel, 2019. "Assessment of Green Investments’ Impact on Sustainable Development: Linking Gross Domestic Product Per Capita, Greenhouse Gas Emissions and Renewable Energy," Energies, MDPI, vol. 12(20), pages 1-12, October.

    More about this item

    Keywords

    renewable energy sources; green growth; sustainable development;
    All these keywords.

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • H10 - Public Economics - - Structure and Scope of Government - - - General

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