IDEAS home Printed from https://ideas.repec.org/a/vra/journl/v11y2022i1p18-26.html
   My bibliography  Save this article

Green Electricity Subsidies in Bulgaria - Vectors of (re)distribution

Author

Listed:
  • Svetlana Gercheva

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

Government subsidies are usually targeted to confer benefits to consumers by lowering the prices they pay or to producers by raising the prices they receive. A relatively novel application of the public sector subsidies is within the renewable energy sector. Feed-in tariffs and feed-in premiums are among the driving forces behind the recent expansion of clean electricity generation, while the CO2 allowances allocated for free are projected to induce the conventional power plants in the new member states of the EU to invest the cost savings in environmental abatement. The current paper deals with the vectors of possible (re)distribution of the subsidies for green electricity in order to discern their progressive or regressive features in Bulgaria.

Suggested Citation

  • Svetlana Gercheva, 2022. "Green Electricity Subsidies in Bulgaria - Vectors of (re)distribution," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 11(1), pages 18-26, April.
    • Handle: RePEc:vra:journl:v:11:y:2022:i:1:p:18-26
    as

    Download full text from publisher

    File URL: http://su-varna.org/journal/IJUSV-ESS/2022.11.1/18-26.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mr. David Coady & Ian W.H. Parry & Louis Sears & Baoping Shang, 2015. "How Large Are Global Energy Subsidies?," IMF Working Papers 2015/105, International Monetary Fund.
    2. Karsten Neuhoff & Stefan Bach & Jochen Diekmann & Martin Beznoska & Tarik El-Laboudy, 2013. "Distributional Effects of Energy Transition: Impacts of Renewable Electricity Support in Germany," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
    3. Jessica Jewell & David McCollum & Johannes Emmerling & Christoph Bertram & David E. H. J. Gernaat & Volker Krey & Leonidas Paroussos & Loïc Berger & Kostas Fragkiadakis & Ilkka Keppo & Nawfal Saadi & , 2018. "Limited emission reductions from fuel subsidy removal except in energy-exporting regions," Nature, Nature, vol. 554(7691), pages 229-233, February.
    4. Vona, Francesco, 2023. "Managing the distributional effects of climate policies: A narrow path to a just transition," Ecological Economics, Elsevier, vol. 205(C).
    5. Stavins, Robert N., 2003. "Experience with market-based environmental policy instruments," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 9, pages 355-435, Elsevier.
    6. Thijs Van de Graaf & Harro van Asselt, 2017. "Introduction to the special issue: energy subsidies at the intersection of climate, energy, and trade governance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(3), pages 313-326, June.
    7. Christoph Böhringer, Florian Landis, and Miguel Angel Tovar Reaños, 2017. "Economic Impacts of Renewable Energy Production in Germany," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    8. Mr. David Coady & Ian W.H. Parry & Nghia-Piotr Le & Baoping Shang, 2019. "Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates," IMF Working Papers 2019/089, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xu, Shang & Zhang, Jun, 2023. "The welfare impacts of removing coal subsidies in rural China," Energy Economics, Elsevier, vol. 118(C).
    2. Cecile Couharde & Sara Mouhoud, 2020. "Fossil Fuel Subsidies, Income Inequality, And Poverty: Evidence From Developing Countries," Journal of Economic Surveys, Wiley Blackwell, vol. 34(5), pages 981-1006, December.
    3. de Bruin, Kelly & Monaghan, Eoin & Yakut, Aykut Mert, 2019. "The impacts of removing fossil fuel subsidies and increasing carbon tax in Ireland," Research Series, Economic and Social Research Institute (ESRI), number RS98, June.
    4. Robert W. Hahn & Robert D. Metcalfe, 2021. "Efficiency and Equity Impacts of Energy Subsidies," American Economic Review, American Economic Association, vol. 111(5), pages 1658-1688, May.
    5. Bergholt, Drago & Røisland, Øistein & Sveen, Tommy & Torvik, Ragnar, 2023. "Monetary policy when export revenues drop," Journal of International Money and Finance, Elsevier, vol. 137(C).
    6. Antimiani, Alessandro & Costantini, Valeria & Paglialunga, Elena, 2023. "Fossil fuels subsidy removal and the EU carbon neutrality policy," Energy Economics, Elsevier, vol. 119(C).
    7. Astrida Miceikienė & Kristina Gesevičienė & Daiva Rimkuvienė, 2021. "Assessment of the Dependence of GHG Emissions on the Support and Taxes in the EU Countries," Sustainability, MDPI, vol. 13(14), pages 1-15, July.
    8. Böhringer, Christoph & García-Muros, Xaquín & González-Eguino, Mikel, 2022. "Who bears the burden of greening electricity?," Energy Economics, Elsevier, vol. 105(C).
    9. McCulloch, Neil & Moerenhout, Tom & Yang, Joonseok, 2021. "Fuel subsidy reform and the social contract in Nigeria: A micro-economic analysis," Energy Policy, Elsevier, vol. 156(C).
    10. Chepeliev, Maksym & van der Mensbrugghe, Dominique, 2020. "Global fossil-fuel subsidy reform and Paris Agreement," Energy Economics, Elsevier, vol. 85(C).
    11. Xu, Shengqing, 2021. "The paradox of the energy revolution in China: A socio-technical transition perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
    12. Tovar Reaños, Miguel A. & Wölfing, Nikolas M., 2018. "Household energy prices and inequality: Evidence from German microdata based on the EASI demand system," Energy Economics, Elsevier, vol. 70(C), pages 84-97.
    13. Lassi Ahlvik & Jørgen Juel Andersen & Jonas Hveding Hamang & Torfinn Harding, 2022. "Quantifying supply-side climate policies," Working Papers No 01/2022, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
    14. Rohan Best & Paul J. Burke, 2020. "Energy mix persistence and the effect of carbon pricing," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 555-574, July.
    15. Coria, Jessica & Sterner, Thomas, 2008. "Tradable Permits in Developing Countries: Evidence from Air Pollution in Santiago, Chile," RFF Working Paper Series dp-08-51, Resources for the Future.
    16. Andor, Mark A. & Frondel, Manuel & Schmidt, Christoph M. & Simora, Michael & Sommer, Stephan, 2015. "Klima- und Energiepolitik in Deutschland: Dissens und Konsens," RWI Materialien 91, RWI - Leibniz-Institut für Wirtschaftsforschung.
    17. Hermeling, Claudia & Klement, Jan Henrik & Koesler, Simon & Köhler, Jonathan & Klement, Dorothee, 2015. "Sailing into a dilemma," Transportation Research Part A: Policy and Practice, Elsevier, vol. 78(C), pages 34-53.
    18. Hosan, Shahadat & Rahman, Md Matiar & Karmaker, Shamal Chandra & Saha, Bidyut Baran, 2023. "Energy subsidies and energy technology innovation: Policies for polygeneration systems diffusion," Energy, Elsevier, vol. 267(C).
    19. repec:fpr:ifprib:2012ghienglish is not listed on IDEAS
    20. Sims, Katharine R.E. & Alix-Garcia, Jennifer M., 2017. "Parks versus PES: Evaluating direct and incentive-based land conservation in Mexico," Journal of Environmental Economics and Management, Elsevier, vol. 86(C), pages 8-28.
    21. Romero-Jordán, Desiderio & del Río, Pablo & Peñasco, Cristina, 2016. "An analysis of the welfare and distributive implications of factors influencing household electricity consumption," Energy Policy, Elsevier, vol. 88(C), pages 361-370.

    More about this item

    Keywords

    green energy subsidies; progressive/regressive (re)distribution; feed-in tariffs; feed-in premiums; CO2 allowances; government compensations;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vra:journl:v:11:y:2022:i:1:p:18-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pavel Petrov (email available below). General contact details of provider: https://edirc.repec.org/data/uevecea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.