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The Role of Electricity for the Decarbonization of the Portuguese Economy - DGEP Technical Report

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  • Pereira, Alfredo
  • Pereira, Rui

Abstract

The objective of this work is to examine the environmental, economic, and distribution effects of carbon taxation and environmental tax reform policies in Portugal. Decarbonization of the Portuguese economy will necessarily be based on an increasing electrification of energy demand and the production of electricity from renewable energy resources. Carbon and energy pricing policies coupled with appropriate recycling of the carbon tax revenues can contribute towards the decarbonization of the Portuguese economy and an increase in the use of renewable energy resources in the production of electric power. In this work we provide full details as to the model, calibration, and simulation results within the economic framework of the DGEP model.

Suggested Citation

  • Pereira, Alfredo & Pereira, Rui, 2017. "The Role of Electricity for the Decarbonization of the Portuguese Economy - DGEP Technical Report," MPRA Paper 84782, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:84782
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    File URL: https://mpra.ub.uni-muenchen.de/84782/1/MPRA_paper_84782.pdf
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    References listed on IDEAS

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    Cited by:

    1. Pereira, Alfredo Marvão & Pereira, Rui Manuel, 2018. "A lower vat rate on electricity in Portugal: Towards a cleaner environment, better economic performance, and less inequality," Energy Policy, Elsevier, vol. 117(C), pages 1-13.
    2. Fortes, Patrícia & Simoes, Sofia G. & Gouveia, João Pedro & Seixas, Júlia, 2019. "Electricity, the silver bullet for the deep decarbonisation of the energy system? Cost-effectiveness analysis for Portugal," Applied Energy, Elsevier, vol. 237(C), pages 292-303.

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    More about this item

    Keywords

    economic effects; distributional effects; electrification; decarbonization; carbon taxation; Portugal;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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