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Renewable energy and CO 2 abatement in Italy

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  • Claudio Marcantonini

    (SINTEF - Applied research, technology and innovation)

  • Vanessa Valero

    (UZH - Universität Zürich [Zürich] = University of Zurich)

Abstract

In order to combat global warming, Italy has committed to reduce its CO 2 emissions. To this end, it has significantly encouraged renewable energy development through a variety of support schemes, ranging from green certificates to feed-in and premium tariffs. As a result, the production of electricity from renewable energy sources, in particular from solar and wind energy, has risen considerably over the past years. In this paper we review the Italian support schemes for wind and solar energy and estimate the cost of abating CO 2 emissions by generating electricity from these two sources of energy for the period 2008-2011. The results show that the average costs for wind were around 165 €/tCO 2 . For solar, they were much higher, around 1000 €/tCO 2 , as solar energy received much higher remunerations than wind energy. These costs were much higher than in Germany. This was due to the differences between the level of incentives and the different power systems.

Suggested Citation

  • Claudio Marcantonini & Vanessa Valero, 2017. "Renewable energy and CO 2 abatement in Italy," Post-Print hal-04739464, HAL.
    • Handle: RePEc:hal:journl:hal-04739464
    DOI: 10.1016/j.enpol.2016.12.029
    Note: View the original document on HAL open archive server: https://hal.science/hal-04739464v1
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    References listed on IDEAS

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    1. Carlo Andrea Bollino, 2009. "The Willingness to Pay for Renewable Energy Sources: The Case of Italy with Socio-demographic Determinants," The Energy Journal, , vol. 30(2), pages 81-96, April.
    2. Carlo Andrea Bollino, 2009. "The Willingness to Pay for Renewable Energy Sources: The Case of Italy with Socio-demographic Determinants," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 81-96.
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    4. Claudio Marcantonini, A. Denny Ellerman, 2015. "The Implicit Carbon Price of Renewable Energy Incentives in Germany," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    5. Dale, Lewis & Milborrow, David & Slark, Richard & Strbac, Goran, 2004. "Total cost estimates for large-scale wind scenarios in UK," Energy Policy, Elsevier, vol. 32(17), pages 1949-1956, November.
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    Keywords

    Abatement cost Renewable energy;

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