Arbeitspapier
Cost-effectiveness and incidence of renewable energy promotion in Germany
Over the last decade Germany has boosted renewable energy in power production by means of massive subsidies. The flip side are very high electricity prices which raises concerns that the transition cost towards a renewable energy system will be mainly borne by poor households. In this paper, we combine computable general equilibrium and microsimulation analysis to investigate the cost-effectiveness and incidence of Germany's renewable energy promotion. We find that the regressive effects of renewable energy promotion could be ameliorated by alternative subsidy financing mechanisms which achieve the same level of electricity generation from renewable energy sources.
- Language
-
Englisch
- Bibliographic citation
-
Series: ZEW Discussion Papers ; No. 17-004
- Classification
-
Wirtschaft
Alternative Energy Sources
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Computational Techniques; Simulation Modeling
- Subject
-
renewable energy policy
feed-in tariffs
CGE
microsimulation
- Event
-
Geistige Schöpfung
- (who)
-
Böhringer, Christoph
Landis, Florian
Tovar Reaños, Miguel Angel
- Event
-
Veröffentlichung
- (who)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
-
Mannheim
- (when)
-
2017
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-419733
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Böhringer, Christoph
- Landis, Florian
- Tovar Reaños, Miguel Angel
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 2017